EUPRAXIA PHARMACEUTICALS INC (EPRX) Stock Technical Analysis
NASDAQ:EPRX • CA29842P1053
Overall EPRX gets a technical rating of 9 out of 10. In the last year, EPRX was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, EPRX did better than 95% of all other stocks. On top of that, EPRX also shows a nice and consistent pattern of rising prices.
- EPRX is part of the Biotechnology industry. There are 521 other stocks in this industry. EPRX outperforms 86% of them.
- EPRX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EPRX is lagging the market slightly.
- In the last month EPRX has a been trading in the 7.82 - 9.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
EPRX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for EPRX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.59
We found 5 important support areas.
- Support @8.22 from a horizontal line in the weekly time frame.
- A support zone ranging from 7.75 to 7.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.67 from a trend line in the weekly time frame.
- Support @6.45 from a trend line in the daily time frame.
- Support @5.65 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @8.27 from a trend line in the daily time frame.
- A resistance zone ranging from 9.01 to 9.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EPRX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EPRX is neutral. |
| ChartMill Relative Strength | 95.45 | POSITIVE | EPRX has a high relative strength, it outperformed 95.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EPRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EPRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EPRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.18 | NEUTRAL | The RSI value for EPRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests EPRX has a negative trend. |
| Stochastics (14,3) | 32.71 | NEUTRAL | The Stochastics value for EPRX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for EPRX suggests high volalility. |
| Average Directional Index/ADX (14) | 32.59 | POSITIVE | The high ADX value value for EPRX suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.28 | 8.21 | 0.07 (0.85%) | 25.00% |
| An entry @8.28. This is a Buy Stop order right above the resistance zone. | An exit @8.21. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.07 points, which is 0.85%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.21%. |
- The distance between exit and entry is rather small compared to the average daily movement of EPRX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
8.23
-0.19 (-2.26%)
EUPRAXIA PHARMACEUTICALS INC / EPRX FAQ
Can you provide the ChartMill technical rating for EUPRAXIA PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 9 / 10 to EPRX.
What is the trend direction for EPRX stock?
The current trend direction for EUPRAXIA PHARMACEUTICALS INC (EPRX) is Bullish.
Can you provide the RSI signal for EUPRAXIA PHARMACEUTICALS INC?
EUPRAXIA PHARMACEUTICALS INC (EPRX) has an RSI value of 49.1776. This indicates that the stock is currently neutral.
What is the MACD signal for EUPRAXIA PHARMACEUTICALS INC (EPRX) stock?
The MACD indicator for EUPRAXIA PHARMACEUTICALS INC (EPRX) has a value of -0.103788, indicating a bearish trend.
What is the support and resistance level for EPRX stock?
EUPRAXIA PHARMACEUTICALS INC (EPRX) has a support level at 8.22 and a resistance level at 8.27. Check the full technical report for our detailed analysis of EPRX support and resistance levels.