IOVANCE BIOTHERAPEUTICS INC (IOVA) Technical Analysis
NASDAQ:IOVA • US4622601007
Current stock price
3.38 USD
-0.05 (-1.46%)
At close:
3.35 USD
-0.03 (-0.89%)
Pre-Market:
IOVA Technical Rating and Analysis
Overall IOVA gets a technical rating of 5 out of 10. In the last year, IOVA was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month IOVA has a been trading in the 3.18 - 4.31 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.
- IOVA has an average volume of 17139000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Looking at the yearly performance, IOVA did better than 70% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- IOVA is an average performer in the Biotechnology industry, it outperforms 57% of 515 stocks in the same industry.
- IOVA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IOVA is lagging the market.
IOVA Weekly and Daily overview Charts
IOVA Setup Rating and Analysis
IOVA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
IOVA Support and Resistance Analysis
2.35
4.48
When analyzing the support we can see 4 important areas.
- Support @3.37 from a horizontal line in the weekly time frame.
- Support @3.29 from a horizontal line in the daily time frame.
- Support @2.82 from a trend line in the daily time frame.
- Support @2.37 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 3.43 to 3.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.69 to 3.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.87 to 3.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.44 from a trend line in the weekly time frame.
IOVA Technical Indicator Signal Analysis
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 IOVA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IOVA is down. |
| ChartMill Relative Strength | 70.02 | POSITIVE | IOVA has a high relative strength, it outperformed 70.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IOVA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IOVA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IOVA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.02 | NEUTRAL | The RSI value for IOVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests IOVA has a negative trend. |
| Stochastics (14,3) | 14.99 | OVERSOLD | The low Stochastics value suggests IOVA may be oversold. |
| Average True Range in percent/ATR (20) | 8.16 | HIGH VOLATILITY | The high ATR as a percentage value for IOVA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.1 | NEGATIVE | The low ADX value for IOVA suggests a weak or negative trend. |
IOVA Chart- and CandleStick Pattern Analysis
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)
IOVA Technicals: Chart, Performance Metrics, Trend & Indicators
3.38
-0.05 (-1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.46%
1 Week-8.65%
2 Weeks-7.14%
1 Month1.81%
3 Month32.55%
6 Month71.57%
12 Month-3.43%
2 Year-71.31%
3 Year-40.07%
5 Year-89.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%8.16%
ATR Inc-45.94%
Range Today0.17
ADR(20)0.27
ADR(20)%7.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.02
3 months CRS94.37
6 months CRS96.64
Mansfield2.19
10 Day High3.97
10 Day Low3.33
20 Day High4.31
20 Day Low3.18
52 Week High5.63
52 Week Low1.64
CS1 End3.37
CR1 Start3.43
Volume & EV
DER(3)-1.88%
DER(5)-4.42%
Volume11.30M
Volume Incr5.23%
Vol(5)14.17M
Vol(50)17.14M
IOVANCE BIOTHERAPEUTICS INC / IOVA TA FAQ
What is the technical rating for IOVA stock?
ChartMill assigns a technical rating of 5 / 10 to IOVA.
What is the trend direction for IOVA stock?
The current trend direction for IOVANCE BIOTHERAPEUTICS INC (IOVA) is Bullish.
What is the RSI signal for IOVA stock?
IOVANCE BIOTHERAPEUTICS INC (IOVA) has an RSI value of 43.0243. This indicates that the stock is currently neutral.
Can you provide the MACD signal for IOVANCE BIOTHERAPEUTICS INC?
The MACD indicator for IOVANCE BIOTHERAPEUTICS INC (IOVA) has a value of -0.032514, indicating a bearish trend.
Can you provide the support and resistance levels for IOVANCE BIOTHERAPEUTICS INC?
IOVANCE BIOTHERAPEUTICS INC (IOVA) has a support level at 3.37 and a resistance level at 3.43. Check the full technical report for our detailed analysis of IOVA support and resistance levels.