Taking everything into account, IOVA scores 4 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.
Although the technical rating is only medium, IOVA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.41, a Stop Loss order could be placed below this zone.
More info and screens
1.85
4 important support areas can be observed.
- A support zone ranging from 2.38 to 2.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.19 from a horizontal line in the weekly time frame.
- A support zone ranging from 2.13 to 2.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.87 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.77 to 2.78. 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 | NEUTRAL | NEUTRAL | The long term trend for IOVA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IOVA is neutral. |
| ChartMill Relative Strength | 12.84 | NEGATIVE | IOVA has a low relative strength, it was outperformed by 87.16% 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 | 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) | 47.23 | 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) | 38.59 | NEUTRAL | The Stochastics value for IOVA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.96 | HIGH VOLATILITY | The high ATR as a percentage value for IOVA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.17 | NEUTRAL | The ADX value for IOVA suggests a possible start of a new trend. |
2.45
-0.16 (-6.13%)
IOVANCE BIOTHERAPEUTICS INC / IOVA FAQ
What is the technical rating for IOVA stock?
ChartMill assigns a technical rating of 4 / 10 to IOVA.
What is the trend direction for IOVA stock?
The current trend direction for IOVANCE BIOTHERAPEUTICS INC (IOVA) is Bearish.
What is the RSI signal for IOVANCE BIOTHERAPEUTICS INC (IOVA) stock?
IOVANCE BIOTHERAPEUTICS INC (IOVA) has an RSI value of 47.2306. This indicates that the stock is currently neutral.
What is the short term momentum for IOVA stock?
The short term momentum for IOVANCE BIOTHERAPEUTICS INC (IOVA) is neutral.