IONIS PHARMACEUTICALS INC (IONS) Stock Technical Analysis
NASDAQ:IONS - Nasdaq - US4622221004 - Common Stock - Currency: USD
Overall IONS gets a technical rating of 5 out of 10. IONS has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
IONS is part of the Biotechnology industry. There are 563 other stocks in this industry. IONS outperforms 80% of them.
In the last month IONS has a been trading in the 23.95 - 33.98 range, which is quite wide. It is currently trading near the high of this range.
IONS has an average volume of 1769430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, IONS outperforms 41% of them, which is more or less in line with the market.
IONS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
IONS has an average technical rating and it also does not offer a high quality setup 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
30.59
48.87
When analyzing the support we notice one important area.
- A support zone ranging from 30.90 to 31.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @33.08 from a horizontal line in the weekly time frame.
- Resistance @33.65 from a horizontal line in the daily time frame.
- Resistance @34.97 from a horizontal line in the daily time frame.
- Resistance @48.39 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.8
Mansfield-1.22
10 Day High33.98
10 Day Low28.79
20 Day High33.98
20 Day Low23.95
52 Week High52.34
52 Week Low23.95
Performance
1 Week7.68%
2 Weeks13.64%
1 Month29.64%
3 Month5.32%
6 Month-15.62%
12 Month-15.38%
2 Year-19.14%
3 Year-9.45%
5 Year-41.17%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.57
RSI(14)62.32
LBB27.16
UBB33.93
33.07
+1.21 (+3.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.8%
1 Week7.68%
2 Weeks13.64%
1 Month29.64%
3 Month5.32%
6 Month-15.62%
12 Month-15.38%
2 Year-19.14%
3 Year-9.45%
5 Year-41.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.26
ATR(20)%4.33%
ATR Inc52.65%
Range Today1.66
ADR(20)1.38
ADR(20)%4.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.8
Mansfield-1.22
10 Day High33.98
10 Day Low28.79
20 Day High33.98
20 Day Low23.95
52 Week High52.34
52 Week Low23.95
CS1 End31.85
CR1 Start33.08
Volume & EV
DER(3)-1%
DER(5)-1%
Volume2.16M
Volume Incr13.9%
Vol(5)2.14M
Vol(50)1.77M