Taking everything into account, IOVA scores 5 out of 10 in our technical rating. 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.
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. There is a resistance zone just above the current price starting at 2.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.31, a Stop Loss order could be placed below this zone.
More info and screens
1.81
4 important support areas can be observed.
- A support zone ranging from 2.28 to 2.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.17 from a horizontal line in the daily time frame.
- Support @2.03 from a trend line in the weekly time frame.
- Support @1.83 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.46 to 2.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.66 to 2.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | UP | POSITIVE | The short term trend for IOVA is up. |
| ChartMill Relative Strength | 9.88 | NEGATIVE | IOVA has a low relative strength, it was outperformed by 90.12% 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 | NEGATIVE | The current price of IOVA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.3 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 63.55 | NEUTRAL | The Stochastics value for IOVA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.45 | HIGH VOLATILITY | The high ATR as a percentage value for IOVA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.79 | NEUTRAL | The ADX value for IOVA suggests a possible start of a new trend. |
2.44
-0.04 (-1.61%)
IOVANCE BIOTHERAPEUTICS INC / IOVA FAQ
What is the technical rating for IOVA stock?
ChartMill assigns a technical rating of 5 / 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 55.2967. 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 0.0115129, indicating a bearish trend.
What is the buy/sell signal for IOVA stock?
The buy/sell signal for IOVANCE BIOTHERAPEUTICS INC (IOVA) is hold as the short term and long term trends are mixed.