We assign a technical rating of 0 out of 10 to IOVA. IOVA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, IOVA is a bad performer in the overall market: 99% of all stocks are doing better.
IOVA is part of the Biotechnology industry. There are 562 other stocks in this industry, of which 87% are performing better than IOVA.
IOVA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so IOVA is lagging the market.
In the last month IOVA has a been trading in the 1.65 - 3.73 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
IOVA has an average volume of 12769200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.