IOVANCE BIOTHERAPEUTICS INC (IOVA) Technical Analysis
NASDAQ:IOVA • US4622601007
Taking everything into account, IOVA scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, IOVA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- IOVA is part of the Biotechnology industry. There are 519 other stocks in this industry. IOVA outperforms 75% of them.
- IOVA has an average volume of 15865900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that IOVA is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- IOVA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IOVA is lagging the market slightly.
- In the last month IOVA has a been trading in the 2.46 - 5.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although IOVA has an excellent technical rating, it 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
2.16
We found 4 important support areas.
- Support @2.55 from a trend line in the daily time frame.
- Support @2.33 from a trend line in the daily time frame.
- Support @2.27 from a trend line in the weekly time frame.
- Support @2.18 from a horizontal line 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 | UP | POSITIVE | The long term trend for IOVA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IOVA is up. |
| ChartMill Relative Strength | 91.7 | POSITIVE | IOVA has a high relative strength, it outperformed 91.7% 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) | UP | POSITIVE | The current price of IOVA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.18 | NEUTRAL | The RSI value for IOVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IOVA has a negative trend. |
| Stochastics (14,3) | 49.41 | NEUTRAL | The Stochastics value for IOVA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.77 | HIGH VOLATILITY | The high ATR as a percentage value for IOVA suggests high volalility. |
| Average Directional Index/ADX (14) | 34.87 | POSITIVE | The high ADX value value for IOVA suggests a strong trend. |
IOVA Technicals: Chart, Performance Metrics, Trend & Indicators
3.96
-0.11 (-2.7%)
IOVANCE BIOTHERAPEUTICS INC / IOVA FAQ
What is the technical rating for IOVA stock?
ChartMill assigns a technical rating of 9 / 10 to IOVA.
What is the trend direction for IOVA stock?
The current trend direction for IOVANCE BIOTHERAPEUTICS INC (IOVA) is Bullish.
What is the RSI signal for IOVANCE BIOTHERAPEUTICS INC (IOVA) stock?
IOVANCE BIOTHERAPEUTICS INC (IOVA) has an RSI value of 53.1775. 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 positive.
What is the buy/sell signal for IOVANCE BIOTHERAPEUTICS INC (IOVA) stock?
The buy/sell signal for IOVANCE BIOTHERAPEUTICS INC (IOVA) is buy as both the short term and long term trends are positive.