IOVA Technical Analysis - IOVANCE BIOTHERAPEUTICS INC

Technical Rating and Analysis

Overall IOVA gets a technical rating of 1 out of 10. IOVA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

96% of all other stocks performed better in the past year than IOVA.

IOVA is part of the Biotechnology industry. There are 540 other stocks in this industry, of which 77% are performing better than IOVA.

IOVA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month IOVA has a been trading in the 2.05 - 2.76 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 18077100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

IOVANCE BIOTHERAPEUTICS INC / IOVA Weekly stock chart

IOVANCE BIOTHERAPEUTICS INC / IOVA Daily stock chart

Setup Rating and Analysis

The technical rating of IOVA is bad and it also does not present a 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

2.03

3.87

3 important resistance areas can be observed.

A resistance zone ranging from 2.27 to 2.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @2.83 from a trend line in the daily time frame.
Resistance @3.83 from a trend line in the weekly time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	DOWN	NEGATIVE	The long term trend for IOVA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for IOVA is down.
ChartMill Relative Strength	4.64	NEGATIVE	IOVA has a low relative strength, it was outperformed by 95.36% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of IOVA is below a declining 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)	DOWN	NEGATIVE	The current price of IOVA is below a declining SMA(200).
Relative Strength Index/RSI (14)	37.96	NEUTRAL	The RSI value for IOVA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.02	NEGATIVE	The MACD value suggests IOVA has a negative trend.
Stochastics (14,3)	17.09	OVERSOLD	The low Stochastics value suggests IOVA may be oversold.
Average True Range in percent/ATR (20)	7.53	HIGH VOLATILITY	The high ATR as a percentage value for IOVA suggests high volalility.
Average Directional Index/ADX (14)	10.71	NEGATIVE	The low ADX value for IOVA suggests a weak or negative trend.