We assign a technical rating of 2 out of 10 to IOVA. In the past year, IOVA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of IOVA is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
1.83
5 important support areas can be observed.
When analyzing the resistance we notice 2 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 IOVA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IOVA is neutral. |
| ChartMill Relative Strength | 14.44 | NEGATIVE | IOVA has a low relative strength, it was outperformed by 85.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IOVA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IOVA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IOVA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.54 | NEUTRAL | The RSI value for IOVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IOVA has a positive trend. |
| Stochastics (14,3) | 45.86 | NEUTRAL | The Stochastics value for IOVA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.05 | HIGH VOLATILITY | The high ATR as a percentage value for IOVA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.06 | NEGATIVE | The low ADX value for IOVA suggests a weak or negative trend. |
2.52
+0.27 (+12%)
ChartMill assigns a technical rating of 2 / 10 to IOVA.
The current trend direction for IOVANCE BIOTHERAPEUTICS INC (IOVA) is Bearish.
IOVANCE BIOTHERAPEUTICS INC (IOVA) has an RSI value of 60.5355. This indicates that the stock is currently neutral.
The MACD indicator for IOVANCE BIOTHERAPEUTICS INC (IOVA) has a value of 0.00808379, indicating a bearish trend.