IO BIOTECH INC (IOBT) Stock Technical Analysis
NASDAQ:IOBT - Nasdaq - US4497781090 - Common Stock - Currency: USD
Taking everything into account, IOBT scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, IOBT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
IOBT is part of the Biotechnology industry. There are 551 other stocks in this industry. IOBT outperforms 89% of them.
IOBT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IOBT is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that IOBT is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month IOBT has a been trading in the 1.34 - 2.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, IOBT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.97
1.98
We found 3 important support areas.
- Support @1.61 from a trend line in the daily time frame.
- Support @1.54 from a trend line in the daily time frame.
- Support @0.98 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IOBT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IOBT is up. |
| ChartMill Relative Strength | 94.36 | POSITIVE | IOBT has a high relative strength, it outperformed 94.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IOBT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IOBT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IOBT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.92 | NEUTRAL | The RSI value for IOBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests IOBT has a negative trend. |
| Stochastics (14,3) | 46.56 | NEUTRAL | The Stochastics value for IOBT is a neutral value. |
| Average True Range in percent/ATR (20) | 10.82 | HIGH VOLATILITY | The high ATR as a percentage value for IOBT suggests high volalility. |
| Average Directional Index/ADX (14) | 34.24 | POSITIVE | The high ADX value value for IOBT suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.96
-0.19 (-8.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-8.84%
1 Week-7.55%
2 Weeks1.55%
1 Month36.11%
3 Month96%
6 Month105.02%
12 Month39.01%
2 Year6.52%
3 Year-40.96%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%10.82%
ATR Inc-19.5%
Range Today0.25
ADR(20)0.21
ADR(20)%10.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.36
Mansfield5.85
10 Day High2.48
10 Day Low1.91
20 Day High2.48
20 Day Low1.34
52 Week High2.48
52 Week Low0.66
CS1 End1.61
CR1 StartN/A
Volume & EV
DER(3)-6.22%
DER(5)-3.66%
Volume289.10K
Volume Incr-44.26%
Vol(5)312.70K
Vol(50)355.97K