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Inmune Bio Stock Flashes Robust RS Rating

On Wednesday, Inmune Bio (INMB) cleared an important technical benchmark, seeing its Relative Strength Rating jump into the 90-plus percentile with an improvement to 92, up from 85 the day before. Is Inmune Bio stock on your radar?




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When you’re researching the best stocks to buy and watch, be sure to pay attention to relative price strength. IBD’s unique rating tracks price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price performance over the last 52 weeks compares to all the other stocks in our database.

Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 as they launch their biggest climbs. So a 92 RS Rating for Inmune Bio stock is noteworthy.


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Is Inmune Bio Stock A Buy?

Inmune Bio stock has moved more than 5% past a 6.50 entry in a first-stage consolidation, meaning it’s now out of a proper buy zone. Look for the stock to offer a new chance to get in, like a three-weeks-tight pattern or a pullback to the 50-day or 10-week moving average.

The cancer-fighting company showed a 120% contraction in earnings per share last quarter. Sales were flat.

Inmune Bio stock earns the No. 190 rank among its peers in the Medical-Biomed/Biotech industry group. BioNTech (BNTX), Regeneron Pharmaceutical (REGN) and Alkermes (ALKS) are among the top five highly rated stocks within the group.

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