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Inovio Pharmaceuticals Inc (INO): Price Up $0.07 (0.8)% Over Past Day, Up $0.06 (0.7)% Over Past Hour

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The Hourly View for INO

At the time of this writing, INO (Get Ratings)’s price is up $0.06 (0.7%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. Regarding moving averages, it should first be noted that price has crossed the 100 hour moving average, resulting in them so that price is now turning above it. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Out of Medical Equipment stocks, INO ranks 62nd in regards to today’s price percentage change.

INO’s Technical Outlook on the Daily Chart

At the moment, INO’s price is up $0.07 (0.8%) from the day prior. This move is a reversal from the day prior, which saw price move down. If you’re a trader with a preference for rangebound markets, you may wish to note that there isn’t a clear trend on the 20, 50 and 100 day timeframes. Most noteworthy in the world of moving averages on the daily chart is that the 20 and 50 day moving averages have been crossed, with price now being above them. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows INO’s price action over the past 90 days.

INO

INO: Daily RSI Analysis

  • INO’s RSI now stands at 33.0464.
  • INO and RSI both have consistent trends, as they are both heading up.

For INO News Traders

Investors and traders in INO may be particularly interested in the following story that came out in the past day:

Is Inovio Stock A Buy Or A Sell As Second-Quarter Metrics Come Up Short?

Is INO stock a buy or a sell after second-quarter revenue missed and losses were wider than Inovio stock analysts expected?

Want More Great Investing Ideas?

9 “MUST OWN” Growth Stocks for 2021

5 WINNING Stock Chart Patterns

7 Best ETFs for the NEXT Bull Market


The post Inovio Pharmaceuticals Inc (INO): Price Up $0.07 (0.8)% Over Past Day, Up $0.06 (0.7)% Over Past Hour appeared first on ETF Daily News.



Source: https://etfdailynews.com/news/inovio-pharmaceuticals-inc-ino-price-up-0-07-0-8-over-past-day-up-0-06-0-7-over-past-hour/


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