NASDAQ:IOBT • US4497781090
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 bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
0.34
When analyzing the resistance we notice 4 important areas.
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 | 2.62 | NEGATIVE | IOBT has a low relative strength, it was outperformed by 97.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IOBT is above 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) | 42.7 | NEUTRAL | The RSI value for IOBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests IOBT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.32 | NEUTRAL | The Stochastics value for IOBT is a neutral value. |
| Average True Range in percent/ATR (20) | 13.1 | HIGH VOLATILITY | The high ATR as a percentage value for IOBT suggests high volalility. |
| Average Directional Index/ADX (14) | 25.65 | POSITIVE | The high ADX value value for IOBT suggests a strong trend. |
0.34
-0.02 (-5.69%)
ChartMill assigns a technical rating of 0 / 10 to IOBT.
The current trend direction for IO BIOTECH INC (IOBT) is Bearish.
IO BIOTECH INC (IOBT) has an RSI value of 42.7047. This indicates that the stock is currently neutral.
The short term momentum for IO BIOTECH INC (IOBT) is negative.
IO BIOTECH INC (IOBT) has a resistance level at 0.34. Check the full technical report for our detailed analysis of IOBT support and resistance levels.