IONIS PHARMACEUTICALS INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
Volume:	-

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Type:	Stocks
Ticker:	IONS
ISIN:

IONIS PHARMACEUTICALS INC. - Weekly - Technical analysis published on 09/05/2022 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

78%

22%

My opinion

Bullish above 37.67 USD

My targets

46.76 USD (+8.14%)

53.85 USD (+24.54%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on IONIS PHARMACEUTICALS INC.. This is a positive signal for buyers. As long as the price remains above 37.67 USD, a purchase could be considered. The first bullish objective is located at 46.76 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 53.85 USD as an objective. Crossing it would then enable buyers to target 63.37 USD. In the event of a return below 37.67 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

6.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by IRRISB. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The IONIS PHARMACEUTICALS INC. price is 43.24 USD. The price is up +2.95% over 5 days and was traded between 42.15 USD and 44.11 USD over the period. The price is currently at +2.59% from its lowest point and -1.97% from its highest point.

42.15

44.11

43.24

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 IONIS PHARMACEUTICALS INC. in Weekly shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : Weekly

Near resistance of triangle

Type : Bearish

Timeframe : Weekly

Near horizontal support

Type : Bullish

Timeframe : Weekly

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Piercing line

Type : Bullish

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	25.61	31.71	43.00	43.24	53.85	63.37	86.14
Change (%)	-40.77%	-26.67%	-0.56%	-	+24.54%	+46.55%	+99.21%
Change	-17.63	-11.53	-0.24	-	+10.61	+20.13	+42.90
Level	Minor	Major	Major	-	Minor	Major	Intermediate

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	37.83	40.00	41.17	43.34	44.51	46.68	47.85
Camarilla	41.43	41.74	42.04	42.35	42.66	42.96	43.27
Woodie	37.34	39.75	40.68	43.09	44.02	46.43	47.36
Fibonacci	40.00	41.27	42.06	43.34	44.61	45.40	46.68

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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	59.42
MACD (12,26,9):	2.0300
Directional Movement:	8.88
AROON (14):	57.14
DEMA (21):	42.08
Parabolic SAR (0,02-0,02-0,2):	33.41
Elder Ray (13):	2.04
Super Trend (3,10):	33.27
Zig ZAG (10):	43.24
VORTEX (21):	1.0500
Stochastique (14,3,5):	77.86
TEMA (21):	43.60
Williams %R (14):	-21.81
Chande Momentum Oscillator (20):	8.48
Repulse (5,40,3):	2.2700
ROCnROLL:	1
TRIX (15,9):	0.6400
Courbe Coppock:	26.19

MA7:	42.76
MA20:	43.81
MA50:	40.64
MA100:	39.05
MAexp7:	42.17
MAexp20:	39.66
MAexp50:	38.38
MAexp100:	40.92
Price / MA7:	+1.12%
Price / MA20:	-1.30%
Price / MA50:	+6.40%
Price / MA100:	+10.73%
Price / MAexp7:	+2.54%
Price / MAexp20:	+9.03%
Price / MAexp50:	+12.66%
Price / MAexp100:	+5.67%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on IONIS PHARMACEUTICALS INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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