IBIO 2020-10-05 Technical Analysis and Forecast


IBIO Report

Sample Size: 2 (Small Sample Size, not statistically significant); Percent Error: 15%

Current Trend Performance

IBIO is -205.24% from monthly high, 19.05% from monthly low, 1.35% from 10 day simple moving average, -0.17% from 20 day simple moving average, and -20.74% from 50 day simple moving average.

Forecast Ranges

Day 1:
The highs are 2.8, the lows are 1.89, and the median is 2.34. 33.33% to decrease between -16.56% - 0%. 33.33% to increase between 16.56% - 33.12%. 33.33% to increase between 33.12% - 49.68%.
Day 2:
The highs are 2.8, the lows are 1.89, and the median is 2.34. 33.33% to decrease between -16.56% - 0%. 33.33% to increase between 16.56% - 33.12%. 33.33% to increase between 33.12% - 49.68%.
Day 3:
The highs are 2.8, the lows are 2.1, and the median is 2.45. 66.67% to increase between 16.56% - 33.12%. 33.33% to increase between 33.12% - 49.68%.
Day 4:
The highs are 2.87, the lows are 2.1, and the median is 2.49. 50.0% to increase between 16.56% - 33.12%. 50.0% to increase between 33.12% - 49.68%.
Day 5:
The highs are 2.87, the lows are 2.1, and the median is 2.49. 50.0% to increase between 16.56% - 33.12%. 50.0% to increase between 33.12% - 49.68%.
Day 6:
The highs are 2.87, the lows are 2.1, and the median is 2.49. 50.0% to increase between 16.56% - 33.12%. 50.0% to increase between 33.12% - 49.68%.
Day 7:
The highs are 2.93, the lows are 2.1, and the median is 2.52. 50.0% to increase between 16.56% - 33.12%. 50.0% to increase between 33.12% - 49.68%.

Summary

SMA: Simple Moving Average

In next 5 days, there is possible support range between 1.75, because of monthly low, and 2.1. There is possible resistance range between 2.45 and 2.45, because of 50 day SMA. Areas of uncertainty are beyond 1.46 and beyond 2.33. Minimum movement range is 16.56%.

Research conducted with Nforecast.

This is not a recommendation to buy, sell, or hold. This research is for educational, informational, and entertainment purposes. You should not construe any data or information presented by members on this blog or Nforecast LLC as investment, tax, legal, financial or other advice.