Taking everything into account, IOVA scores 6 out of 10 in our technical rating. IOVA has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
IOVA 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
1.84
We found 3 important support areas.
- Support @2.28 from a trend line in the daily time frame.
- Support @2.11 from a trend line in the weekly time frame.
- Support @1.86 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.86 to 2.88. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for IOVA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IOVA is up. |
| ChartMill Relative Strength | 15.48 | NEGATIVE | IOVA has a low relative strength, it was outperformed by 84.52% 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) | 65.04 | NEUTRAL | The RSI value for IOVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests IOVA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.48 | OVERBOUGHT | The high Stochastics value suggests IOVA may be overbought. |
| Average True Range in percent/ATR (20) | 5.7 | HIGH VOLATILITY | The high ATR as a percentage value for IOVA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.33 | POSITIVE | The high ADX value value for IOVA suggests a strong trend. |
2.79
-0.06 (-2.11%)
IOVANCE BIOTHERAPEUTICS INC / IOVA FAQ
What is the technical rating for IOVA stock?
ChartMill assigns a technical rating of 6 / 10 to IOVA.
Can you provide the trend direction for IOVANCE BIOTHERAPEUTICS INC?
The current trend direction for IOVANCE BIOTHERAPEUTICS INC (IOVA) is Bearish.
Can you provide the RSI signal for IOVANCE BIOTHERAPEUTICS INC?
IOVANCE BIOTHERAPEUTICS INC (IOVA) has an RSI value of 65.0435. This indicates that the stock is currently neutral.
What is the MACD signal for IOVANCE BIOTHERAPEUTICS INC (IOVA) stock?
The MACD indicator for IOVANCE BIOTHERAPEUTICS INC (IOVA) has a value of 0.0585498, indicating a bearish trend.