IOVANCE BIOTHERAPEUTICS INC (IOVA) Stock Technical Analysis
USA - NASDAQ:IOVA - US4622601007 - Common Stock
Taking everything into account, IOVA scores 3 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.
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.
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1.94
When analyzing the support we notice one important area.
- Support @1.96 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.31 to 2.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.65 from a trend line in the daily time frame.
- Resistance @2.71 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for IOVA is neutral. |
| ChartMill Relative Strength | 7.78 | NEGATIVE | IOVA has a low relative strength, it was outperformed by 92.22% 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) | 56.43 | 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) | 51.01 | NEUTRAL | The Stochastics value for IOVA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.67 | HIGH VOLATILITY | The high ATR as a percentage value for IOVA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.35 | NEGATIVE | The low ADX value for IOVA suggests a weak or negative trend. |
2.3
-0.01 (-0.43%)
IOVANCE BIOTHERAPEUTICS INC / IOVA FAQ
What is the technical rating for IOVA stock?
ChartMill assigns a technical rating of 3 / 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 56.4289. 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 0.0123616, indicating a bearish trend.