Stock Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
IO Biotech, Inc. (NASDAQ:IOBT)
Strong Downtrend (-100) - IOBT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, IOBT continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid IOBT?
MarketClub looks at technical strength and momentum to determine if the timing is right for IOBT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IOBT
The long-term trend has been DOWN since Jul 28th, 2022 at 3.700
The intermediate-term trend has been DOWN since Mar 1st, 2023 at 2.505
The short-term trend has been DOWN since Mar 8th, 2023 at 2.500
Smart Scan Analysis for IOBT
Based on our trend formula, IOBT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.77||52wk High Date||2022-04-06|
|52wk Low||1.91||52wk Low Date||2023-03-17|
|Average Volume||36,338||Shares Outstanding||28,815|