Stock Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
IO Biotech, Inc. (NASDAQ:IOBT)
Bull Market Weakness (+75) - IOBT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IOBT as it may be in the beginning stages of a reversal.
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 3.70
The intermediate-term trend has been UP since Nov 20th, 2023 at 1.04
The short-term trend has been UP since Nov 15th, 2023 at 1.02
Smart Scan Analysis for IOBT
Based on our trend formula, IOBT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.3||52wk High Date||2023-01-23|
|52wk Low||0.8163||52wk Low Date||2023-10-30|
|Average Volume||85,469||Shares Outstanding||65,881|