IONIS PHARMACEUTICALS INC (IONS) Stock Technical Analysis
USA - NASDAQ:IONS - US4622221004 - Common Stock
72.67 USD
+0.22 (+0.3%)
72.58 USD
-0.09 (-0.12%)
Overall IONS gets a technical rating of 10 out of 10. Both in the recent history as in the last year, IONS has proven to be a steady performer, scoring decent points in every aspect analyzed.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, IONS did better than 95% of all other stocks. On top of that, IONS also shows a nice and consistent pattern of rising prices.
IONS is one of the better performing stocks in the Biotechnology industry, it outperforms 90% of 531 stocks in the same industry.
IONS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month IONS has a been trading in the 66.66 - 76.78 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
IONS has an average volume of 2313800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
IONS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
49.01
75.43
We found 3 important support areas.
- Support @69.54 from a horizontal line in the daily time frame.
- Support @51.43 from a trend line in the daily time frame.
- Support @49.50 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 72.78 to 74.68. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for IONS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IONS is neutral. |
| ChartMill Relative Strength | 95.88 | POSITIVE | IONS has a high relative strength, it outperformed 95.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IONS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IONS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IONS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.46 | NEUTRAL | The RSI value for IONS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests IONS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.35 | NEUTRAL | The Stochastics value for IONS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for IONS suggests some volalility. |
| Average Directional Index/ADX (14) | 36.45 | POSITIVE | The high ADX value value for IONS 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)
72.67
+0.22 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.3%
1 Week-2.69%
2 Weeks1.1%
1 Month0.39%
3 Month65.99%
6 Month116.54%
12 Month111.62%
2 Year46.9%
3 Year78.16%
5 Year43.82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.07
ATR(20)%3.74%
ATR Inc55.79%
Range Today4.1
ADR(20)2.57
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.88
3 months CRS96.65
6 months CRS96.16
Mansfield5.52
10 Day High76.78
10 Day Low66.66
20 Day High76.78
20 Day Low66.66
52 Week High76.78
52 Week Low23.95
CS1 End69.54
CR1 Start72.78
Volume & EV
DER(3)-1.75%
DER(5)-1.19%
Volume5.07M
Volume Incr62.43%
Vol(5)3.29M
Vol(50)2.31M
IONIS PHARMACEUTICALS INC / IONS FAQ
What is the technical rating for IONS stock?
ChartMill assigns a technical rating of 10 / 10 to IONS.
What is the trend direction for IONS stock?
The current trend direction for IONIS PHARMACEUTICALS INC (IONS) is Bullish.
What is the RSI signal for IONS stock?
IONIS PHARMACEUTICALS INC (IONS) has an RSI value of 55.4589. This indicates that the stock is currently neutral.
Can you provide the short term momentum for IONIS PHARMACEUTICALS INC?
The short term momentum for IONIS PHARMACEUTICALS INC (IONS) is neutral.