IONIS PHARMACEUTICALS INC. - Daily - Technical analysis published on 09/05/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
28%
39%
33%
My opinion
Bullish above 39.40 USD
My targets
46.11 USD (+6.64%)
51.00 USD (+17.95%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on IONIS PHARMACEUTICALS INC. as long as the price remains well above 39.40 USD. The buyers' bullish objective is set at 46.11 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 51.00 USD. If there is any crossing, the next objective would be the resistance located at 53.85 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.9
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This analysis was given by IRRISB. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The IONIS PHARMACEUTICALS INC. rating is 43.24 USD. On the day, this instrument lost -0.51% and was traded between 43.00 USD and 44.11 USD over the period. The price is currently at +0.56% from its lowest and -1.97% from its highest.43.00
44.11
43.24
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of IONIS PHARMACEUTICALS INC. indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
On the 18 technical indicators analysed, 5 are bullish, 6 are neutral and 7 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 34.05 | 39.40 | 43.00 | 43.24 | 46.11 | 53.85 | 63.37 |
| Change (%) | -21.25% | -8.88% | -0.56% | - | +6.64% | +24.54% | +46.55% |
| Change | -9.19 | -3.84 | -0.24 | - | +2.87 | +10.61 | +20.13 |
| Level | Minor | Major | Major | - | Major | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 41.68 | 42.34 | 42.79 | 43.45 | 43.90 | 44.56 | 45.01 |
| Camarilla | 42.94 | 43.04 | 43.14 | 43.24 | 43.34 | 43.44 | 43.55 |
| Woodie | 41.58 | 42.29 | 42.69 | 43.40 | 43.80 | 44.51 | 44.91 |
| Fibonacci | 42.34 | 42.76 | 43.03 | 43.45 | 43.87 | 44.14 | 44.56 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39.30 | 40.43 | 41.84 | 42.97 | 44.38 | 45.51 | 46.92 |
| Camarilla | 42.54 | 42.77 | 43.01 | 43.24 | 43.47 | 43.71 | 43.94 |
| Woodie | 39.43 | 40.50 | 41.97 | 43.04 | 44.51 | 45.58 | 47.05 |
| Fibonacci | 40.43 | 41.40 | 42.00 | 42.97 | 43.94 | 44.54 | 45.51 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.58 | 32.82 | 37.67 | 41.91 | 46.76 | 51.00 | 55.85 |
| Camarilla | 40.02 | 40.85 | 41.69 | 42.52 | 43.35 | 44.19 | 45.02 |
| Woodie | 28.89 | 32.97 | 37.98 | 42.06 | 47.07 | 51.15 | 56.16 |
| Fibonacci | 32.82 | 36.29 | 38.44 | 41.91 | 45.38 | 47.53 | 51.00 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 54.19 | |
| MACD (12,26,9): | 0.5900 | |
| Directional Movement: | 6.61 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 43.87 | |
| Parabolic SAR (0,02-0,02-0,2): | 44.89 | |
| Elder Ray (13): | 0.46 | |
| Super Trend (3,10): | 39.84 | |
| Zig ZAG (10): | 43.24 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 38.25 | |
| TEMA (21): | 43.38 | |
| Williams %R (14): | -57.51 | |
| Chande Momentum Oscillator (20): | -0.64 | |
| Repulse (5,40,3): | -0.5100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3500 | |
| Courbe Coppock: | 6.00 |
| MA7: | 42.76 | |
| MA20: | 43.81 | |
| MA50: | 40.64 | |
| MA100: | 39.05 | |
| MAexp7: | 43.04 | |
| MAexp20: | 42.86 | |
| MAexp50: | 41.17 | |
| MAexp100: | 39.32 | |
| Price / MA7: | +1.12% | |
| Price / MA20: | -1.30% | |
| Price / MA50: | +6.40% | |
| Price / MA100: | +10.73% | |
| Price / MAexp7: | +0.46% | |
| Price / MAexp20: | +0.89% | |
| Price / MAexp50: | +5.03% | |
| Price / MAexp100: | +9.97% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on IONIS PHARMACEUTICALS INC. at the time of the analysis were as follows:
- Ionis to present at upcoming investor conferences
- Ionis reports second quarter financial results and recent business achievements
- Ionis announces positive topline results from Phase 2b clinical study of fesomersen, a potential novel anti-thrombotic treatment
- Ionis to hold second quarter 2022 financial results webcast
- Ionis announces that FDA accepts New Drug Application and grants Priority Review of tofersen for a rare, genetic form of ALS
This member declared not having a position on this financial instrument or a related financial instrument.
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