RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of INO
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High volatility in Inovio Pharmaceuticals stock price on Friday which ended trading at $7.88
(Updated on Feb 23, 2024)


Buy candidate since Feb 16, 2024 Loss -0.69% PDF
The Inovio Pharmaceuticals stock price gained 2.81% on the last trading day (Friday, 23rd Feb 2024), rising from $7.66 to $7.88. During the last trading day the stock fluctuated 11.72% from a day low at $7.08 to a day high of $7.91. The price has risen in 7 of the last 10 days and is up by 37.2% over the past 2 weeks. Volume fell on the last day by -31 thousand shares and in total, 344 thousand shares were bought and sold for approximately $2.71 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 31.75% during the next 3 months and, with a 90% probability hold a price between $7.27 and $15.89 at the end of this 3-month period.

INO Signals & Forecast

The Inovio Pharmaceuticals stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $7.76 and $7.37. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, January 11, 2024, and so far it has fallen -26.26%. Further fall is indicated until a new bottom pivot has been found.

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Support, Risk & Stop-loss for Inovio Pharmaceuticals stock

On the downside, the stock finds support just below today's level from accumulated volume at $6.96 and $6.84. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Inovio Pharmaceuticals finds support just below today's level at $6.96. If this is broken, then the next support from accumulated volume will be at $6.84 and $6.24.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.83 between high and low, or 11.72%. For the last week, the stock has had daily average volatility of 9.86%.

Our recommended stop-loss: $7.48 (-4.96%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 77 and this increases the risk substantially. There is a sell signal from a pivot top found 29 days ago.)

Trading Expectations (INO) For The Upcoming Trading Day Of Monday 26th

For the upcoming trading day on Monday, 26th we expect Inovio Pharmaceuticals to open at $7.62, and during the day (based on 14 day Average True Range), to move between $7.09 and $8.66, which gives a possible trading interval of +/-$0.789 (+/-10.02%) up or down from last closing price. If Inovio Pharmaceuticals takes out the full calculated possible swing range there will be an estimated 20.04% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $8.17 (3.75%) than the support at $6.96 (11.62%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Inovio Pharmaceuticals stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Inovio Pharmaceuticals stock to perform well in the short-term.

Current score: 3.007 Open Broker Account

Buy Candidate Unchanged

Predicted Opening Price for Inovio Pharmaceuticals of Monday, February 26, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Fair opening price February 26, 2024 Current price
$7.62 ( 3.22%) $7.88

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Fibonacci Support & Resistance Levels

Level Price
Resistance R3 8.45 7.32 %
R2 8.13 3.30 %
R1 7.94 0.81 %
Current price: 7.88
Support S1 7.30 -7.24 %
S2 7.11 -9.73 %
S3 6.79 -13.76 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 9.24 17.33 %
R2 8.64 9.71 %
R1 8.17 3.75 %
Current price 7.88
Support S1 6.96 -11.62%
S2 6.84 -13.14%
S3 6.24 -20.76%
What is the symbol for Inovio Pharmaceuticals Stock and on which exchange is it traded?
The symbol for Inovio Pharmaceuticals is INO and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Inovio Pharmaceuticals Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Inovio Pharmaceuticals stock to perform well in the short-term.

How to buy Inovio Pharmaceuticals Stock?
Inovio Pharmaceuticals Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Inovio Pharmaceuticals Stock.

What's the current price of Inovio Pharmaceuticals Stock?
As of the end of day on the 2024-02-23, the price of an Inovio Pharmaceuticals (INO) share was $7.88.

What is the 52-week high and low for Inovio Pharmaceuticals Stock?
The 52-week high for Inovio Pharmaceuticals Stock is $17.04 and the 52-week low is $3.84.

What is the market capitalization of Inovio Pharmaceuticals Stock?
As of the 2024-02-23, the market capitalization of Inovio Pharmaceuticals is 179.148M.

When is the next earnings date for Inovio Pharmaceuticals?
The upcoming earnings date for Inovio Pharmaceuticals is Mar 06, 2024.

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About Inovio Pharmaceuticals

Inovio Pharmaceuticals Inovio Pharmaceuticals, Inc., a biotechnology company, focuses on the discovery, development, and commercialization of DNA medicines to treat and protect people from diseases associated with human papillomavirus (HPV), cancer, and infectious diseases. Its DNA medicines platform uses precisely designed SynCon that identify and optimize the DNA sequence of the target antigen, as well as CELLECTRA smart devices technology that facilitates delivery o... INO Profile

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