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Ionis Pharmaceuticals, Inc.

Stage 4 · Declining · week 15

As of Oct 22, 2026, Ionis Pharmaceuticals is in Stage 4, the downtrend phase, now in week 15 (since Jul 15, 2026). It closed at $43.91, 49.2% below its 52-week high and below its 200-day average, which is falling.

Ionis Pharmaceuticals, Inc., a commercial-stage biotechnology company, provides RNA-targeted medicines in the United States. More about the company

$43.91
-2.16% today
$7.3B · Mid cap
Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22
S2 21w
S4 34w
S2 36w
S4 14w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 1w → S3 5w → S2 21w → S3 7w → S4 12w → S1 6w → S2 6w → S3 2w → S4 34w → S1 4w → S2 36w → S3 12w → S2 1w → S1 4w → S4 14w current
Total tracked: 165 weeks across 15 stage runs.

IONS among Biotechnology311th of 591 by relative strength

All 591 →
Stocks in Biotechnology ranked by relative strength, with stage and one-month change
#StockStageRS1M
1GTBPStage 2 · wk 799−22.3%
2IOVAStage 2 · wk 1899+38.8%
3SLSStage 3 · wk 499−1.5%
4MRNAStage 2 · wk 1799+11.3%
5TWSTStage 2 · wk 3999−14.5%
6KODStage 2 · wk 499+172.1%
7ERASStage 3 · wk 599+0.7%
8CLYMStage 3 · wk 399−15.8%
…311IONSStage 4 · wk 1529−0.0%
vs 52W High
-49.2%
$42.38 lo$86.50 hi
49.2% below 52W high, deep Stage 4 damage
In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.
Stage Maturity
Week 15
1w13w26w
Week 15, established downtrend
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.
vs 200 DMA
-35.3%
200 DMA: $67.90 · sloping down
In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.
Rel Volume
1.52x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.
Trend Health
↓
Short-term trend rolling over
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
-0.0%
3M
-22.4%
6M
-40.7%
YTD
-44.9%
1Y
-38.7%
Scan Membership
Breakout Watch
Latest: 2024-08-13
10 appearances in last 60 days. First seen: 2018-10-16.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S4
Wk 15 · Vol 1.52x
2026-10-21S4
Wk 14 · Vol 0.54x
2026-10-20S4
Wk 14 · Vol 0.75x
2026-10-19S4
Wk 14 · Vol 0.94x
2026-10-16S4
Wk 14 · Vol 0.51x
2026-10-15S4
Wk 14 · Vol 0.75x
2026-10-14S4
Wk 13 · Vol 0.61x
2026-10-13S4
Wk 13 · Vol 0.90x
2026-10-12S4
Wk 13 · Vol 0.59x
2026-10-09S4
Wk 13 · Vol 1.48x
2026-10-08S4
Wk 13 · Vol 1.02x
2026-10-07S4
Wk 12 · Vol 0.90x
Moving averages & range
50 DMA
$50.79
200 DMA
$67.90
52W High
$86.50
52W Low
$42.38
5D Low
$42.94
Resistance levels (recent highs)
20d High
$45.89
60d High
$63.57
120d High
$86.33
250d High
$86.50
Next resistance
+4.5%
to 20d High
ROE
-105.5%
Profit margin -64.7%
Dividend Yield
0.00%
P/B 16.5

Ionis Pharmaceuticals: quick answers

What stage is Ionis Pharmaceuticals in?

As of Oct 22, 2026, Ionis Pharmaceuticals (IONS) is in Stage 4, the downtrend phase. It entered Stage 4 on Jul 15, 2026 and is in week 15. What the four stages mean

Is Ionis Pharmaceuticals in an uptrend?

No. Ionis Pharmaceuticals is in a Stage 4 downtrend. It trades 35.3% below its 200-day average, which is falling.

How far is Ionis Pharmaceuticals from its 52-week high?

Ionis Pharmaceuticals closed at $43.91 on Oct 22, 2026, 49.2% below its 52-week high of $86.50. Its 52-week low is $42.38.

How has Ionis Pharmaceuticals performed over the past year?

As of Oct 22, 2026, Ionis Pharmaceuticals is down 38.7% over the past year and down 44.9% so far in 2026.

Which sector and industry is Ionis Pharmaceuticals in?

Ionis Pharmaceuticals is in the Biotechnology industry, part of the Health Care sector.

About this companyHealth Care· Biotechnology

Ionis Pharmaceuticals, Inc., a commercial-stage biotechnology company, provides RNA-targeted medicines in the United States. The company offers TRYNGOLZA reduces triglyceride levels in adults with familial chylomicronemia syndrome (FCS) and acute pancreatitis; DAWNZERA for prophylaxis to prevent attacks of hereditary angioedema in adults; WAINUA for the treatment of the polyneuropathy of hereditary transthyretin-medicated amyloidosis (ATTRv-PN) in adults; and SPINRAZA for pediatric and adult patients with spinal muscular atrophy (SMA). It also provides QALSODY for the treatment of Amyotrophic Lateral Sclerosis (ALS); TEGSEDI for the treatment of ATTRv-PN in adults; and WAYLIVRA for treatment for FCS and familial partial lipodystrophy. It also develops products under Phase 3 clinical trials, such as Olezarsen for patients with hypertriglyceridemia (SHTG) and cardiovascular disease (CVD); and Zilganerse, a potential treatment for people with genetically confirmed Alexander disease, as well as ION582 which is in Phase 3 clinical trial for the potential treatment of AS, a rare genetic neurological disease. In addition, the company develops Eplontersen to degrade mutant and wild-type TTR mRNA through binding to the TTR mRNA; Pelacarsen to inhibit the production of apolipoprotein(a) in the liver to offer a direct approach for reducing lipoprotein(a); Bepirovirsen to inhibit the production of viral proteins associated with hepatitis B virus; Sefaxersen to reduce the production of complement factor B and lower activation of the alternative complement pathway; and Ulefnersen to reduce the production of the fused in sarcoma, as well as other mid-stage pipeline investigational medicines. It has a strategic collaboration with Biogen for the treatment of neurological disorders; and collaboration and license agreement with GSK, AstraZeneca, Novartis, and Roche, as well as with Metagenomi. The company was incorporated in 1989 and is headquartered in Carlsbad, California.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.