IVERIC bio Inc (ISEE)

US46583P1021 - Common Stock

39.95  +0.15 (+0.38%)

After market: 39.94 -0.01 (-0.03%)

Technical Rating and Analysis

10

Taking everything into account, ISEE scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ISEE is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ISEE is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, ISEE also shows a nice and consistent pattern of rising prices.
ISEE is part of the Biotechnology industry. There are 592 other stocks in this industry. ISEE outperforms 97% of them.
ISEE is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ISEE has a been trading in the 36.15 - 39.99 range, which is quite wide. It is currently trading near the high of this range.
ISEE has an average volume of 5565880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
ISEE Weekly chart
ISEE Daily chart
Setup Rating and Analysis

7

ISEE has an excellent technical rating and also presents 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 39.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 39.48, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

36.12

40.67

We found 2 important support areas.

  • A support zone ranging from 39.01 to 39.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 36.48 to 36.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 39.96 to 40.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.25
Mansfield5.29
10 Day High39.99
10 Day Low36.15
20 Day High39.99
20 Day Low36.15
52 Week High39.99
52 Week Low9.39
Performance
1 Week1.55%
2 Weeks2.8%
1 Month4.55%
3 Month41.22%
6 Month101.26%
12 Month241.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)69.05
LBB38.53
UBB40.13
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
40.2839.001.28 (3.18%)25.00%
An entry @40.28. This is a Buy Stop order right above the resistance zone.An exit @39.00. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.28 points, which is 3.18%.For a 0.79% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ISEE Daily chart

IVERIC bio Inc

NASDAQ:ISEE (7/10/2023, 7:00:03 PM)

After market: 39.94 -0.01 (-0.03%)

39.95

+0.15 (+0.38%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.38%
1 Week1.55%
2 Weeks2.8%
1 Month4.55%
3 Month41.22%
6 Month101.26%
12 Month241.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.56
ATR(20)%1.24%
ATR Inc
Range Today0.14
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High39.99
10 Day Low36.15
20 Day High39.99
20 Day Low36.15
52 Week High39.99
52 Week Low9.39
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume11.00M
Volume Incr-3.59%
Vol(5)5.32M
Vol(50)5.57M