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Stock Trend Analysis Report
Prepared for you on Wednesday, December 11, 2024.
IO Biotech, Inc. (NASDAQ:IOBT)
Long-Term Downtrend (-90) - IOBT is in a strong downtrend that is likely to continue. While IOBT is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for IOBT
The long-term trend has been DOWN since Apr 18th, 2024 at 1.4500
The intermediate-term trend has been DOWN since Nov 8th, 2024 at 1.1000
The short-term trend has been DOWN since Dec 4th, 2024 at 0.8104
Smart Scan Analysis for IOBT
Based on our trend formula, IOBT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8394 | 0.8500 | 0.8001 | 0.8201 | -0.0246 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8447 | 387369 | 2024-12-11 15:59:35 |
| 52wk High | 2.098 | 52wk High Date | 2024-01-05 |
| 52wk Low | 0.66 | 52wk Low Date | 2024-11-21 |
| Average Volume | 648,051 | Shares Outstanding | 65,881 |
| Assets | 89,945,000M | Liabilities | 17,380,000M |
| P/E Ratio | 0.0072 |