Overall IOBT gets a technical rating of 0 out of 10. IOBT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
IOBT has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.62
When analyzing the support we notice one important area.
- A support zone ranging from 0.63 to 0.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for IOBT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IOBT is down. |
| ChartMill Relative Strength | 5.12 | NEGATIVE | IOBT has a low relative strength, it was outperformed by 94.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IOBT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IOBT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IOBT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.27 | NEUTRAL | The RSI value for IOBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IOBT has a negative trend. |
| Stochastics (14,3) | 17.08 | OVERSOLD | The low Stochastics value suggests IOBT may be oversold. |
| Average True Range in percent/ATR (20) | 15.32 | HIGH VOLATILITY | The high ATR as a percentage value for IOBT suggests high volalility. |
| Average Directional Index/ADX (14) | 19.16 | NEGATIVE | The low ADX value for IOBT suggests a weak or negative trend. |
0.64
+0.01 (+1.19%)
IO BIOTECH INC / IOBT FAQ
What is the ChartMill technical rating of IO BIOTECH INC (IOBT) stock?
ChartMill assigns a technical rating of 0 / 10 to IOBT.
What is the trend direction for IOBT stock?
The current trend direction for IO BIOTECH INC (IOBT) is Bearish.
What is the RSI signal for IOBT stock?
IO BIOTECH INC (IOBT) has an RSI value of 39.2729. This indicates that the stock is currently neutral.
What is the short term momentum for IOBT stock?
The short term momentum for IO BIOTECH INC (IOBT) is negative.
What is the buy/sell signal for IO BIOTECH INC (IOBT) stock?
The buy/sell signal for IO BIOTECH INC (IOBT) is sell as both the short term and long term trends are negative.