IVERIC bio Inc (ISEE) Stock Technical Analysis
USA - NASDAQ:ISEE - US46583P1021 - Common Stock
39.95 USD
+0.15 (+0.38%)
39.94 USD
-0.01 (-0.03%)
We assign a technical rating of 10 out of 10 to ISEE. Both in the recent history as in the last year, ISEE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ISEE did better than 99% of all other stocks. We also observe that the gains produced by ISEE over the past year are nicely spread over this period.
ISEE is one of the better performing stocks in the Biotechnology industry, it outperforms 98% of 540 stocks in the same industry.
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.
ISEE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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.
More info and screens
36.12
40.67
2 important support areas can be observed.
- 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.
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 ISEE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ISEE is up. |
| ChartMill Relative Strength | 99.25 | POSITIVE | ISEE has a high relative strength, it outperformed 99.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ISEE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ISEE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ISEE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.05 | NEUTRAL | The RSI value for ISEE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ISEE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 98.39 | OVERBOUGHT | The high Stochastics value suggests ISEE may be overbought. |
| Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for ISEE suggests low volalility. |
| Average Directional Index/ADX (14) | 32.85 | POSITIVE | The high ADX value value for ISEE suggests a strong trend. |
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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 40.28 | 39.00 | 1.28 (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 worst case loss on the trade is limited to 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.
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 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%1.24%
ATR Inc-73.7%
Range Today0.14
ADR(20)N/A
ADR(20)%N/A
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
CS1 End39.48
CR1 Start39.96
Volume & EV
DER(3)0.44%
DER(5)-1.31%
Volume11.00M
Volume Incr-3.59%
Vol(5)5.32M
Vol(50)5.57M