IONIS PHARMACEUTICALS INC (IONS) Stock Technical Analysis
NASDAQ:IONS - Nasdaq - US4622221004 - Common Stock - Currency: USD
Taking everything into account, IONS scores 0 out of 10 in our technical rating. IONS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, IONS is a bad performer in the overall market: 75% of all stocks are doing better.
IONS is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
IONS has an average volume of 1772330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IONS is an average performer in the Biotechnology industry, it outperforms 68% of 568 stocks in the same industry.
In the last month IONS has a been trading in the 23.95 - 33.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, IONS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for IONS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
28.12
49.10
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 28.41 to 28.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.50 from a trend line in the weekly time frame.
- A resistance zone ranging from 31.15 to 31.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.68 from a trend line in the daily time frame.
- Resistance @34.97 from a horizontal line in the daily time frame.
- Resistance @48.61 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.3
Mansfield-2.11
10 Day High29.04
10 Day Low23.95
20 Day High33.76
20 Day Low23.95
52 Week High52.34
52 Week Low23.95
Performance
1 Week6.33%
2 Weeks-0.42%
1 Month-13.23%
3 Month-9.64%
6 Month-28.43%
12 Month-30.19%
2 Year-19.71%
3 Year-22.74%
5 Year-48.86%
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)0.12
RSI(14)44.54
LBB25.81
UBB30.05
28.4
+0.05 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.18%
1 Week6.33%
2 Weeks-0.42%
1 Month-13.23%
3 Month-9.64%
6 Month-28.43%
12 Month-30.19%
2 Year-19.71%
3 Year-22.74%
5 Year-48.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.87
ATR(20)%5.86%
ATR Inc-46.05%
Range Today0.72
ADR(20)1.6
ADR(20)%5.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.3
Mansfield-2.11
10 Day High29.04
10 Day Low23.95
20 Day High33.76
20 Day Low23.95
52 Week High52.34
52 Week Low23.95
CS1 EndN/A
CR1 Start28.41
Volume & EV
DER(3)3.73%
DER(5)4.6%
Volume842.60K
Volume Incr-4.16%
Vol(5)1.76M
Vol(50)1.77M