HOMOLOGY MEDICINES INC (FIXX) Technical Analysis
NASDAQ:FIXX • US4380831077
Current stock price
FIXX Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to FIXX. In the last year, FIXX was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month FIXX has a been trading in the 0.85 - 0.97 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, FIXX did better than 81% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- FIXX is part of the Biotechnology industry. There are 515 other stocks in this industry, FIXX did better than 64% of them.
- FIXX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FIXX is lagging the market.
FIXX Weekly and Daily overview Charts
FIXX Setup Rating and Analysis
Besides having an excellent technical rating, FIXX also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.94. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for FIXX in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
FIXX Support and Resistance Analysis
0.65
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.91 to 0.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.88 to 0.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.66 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.94 to 0.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
FIXX Technical Indicator Signal Analysis
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 FIXX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FIXX is up. |
| ChartMill Relative Strength | 81.09 | POSITIVE | FIXX has a high relative strength, it outperformed 81.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FIXX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FIXX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FIXX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.98 | NEUTRAL | The RSI value for FIXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FIXX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.92 | NEUTRAL | The Stochastics value for FIXX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.19 | HIGH VOLATILITY | The high ATR as a percentage value for FIXX suggests high volalility. |
| Average Directional Index/ADX (14) | 53.57 | POSITIVE | The high ADX value value for FIXX suggests a strong trend. |
FIXX Chart- and CandleStick Pattern Analysis
FIXX Example Setup
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 |
|---|---|---|---|
| 0.96 | 0.90 | 0.06 (6.25%) | 16.00% |
| An entry @0.96. This is a Buy Stop order right above the resistance zone. | An exit @0.90. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.06 points, which is 6.25%. | When investing 16.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of FIXX. 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.
FIXX Technicals: Chart, Performance Metrics, Trend & Indicators
0.9347
+0.01 (+0.77%)
HOMOLOGY MEDICINES INC / FIXX TA FAQ
What is the technical rating for FIXX stock?
ChartMill assigns a technical rating of 8 / 10 to FIXX.
What is the current trend direction of HOMOLOGY MEDICINES INC (FIXX) stock?
The current trend direction for HOMOLOGY MEDICINES INC (FIXX) is Bullish.
What is the RSI signal for FIXX stock?
HOMOLOGY MEDICINES INC (FIXX) has an RSI value of 65.9753. This indicates that the stock is currently neutral.
What is the MACD signal for FIXX stock?
The MACD indicator for HOMOLOGY MEDICINES INC (FIXX) has a value of -0.006665, indicating a bearish trend.
What is the support and resistance level for FIXX stock?
HOMOLOGY MEDICINES INC (FIXX) has a support level at 0.92 and a resistance level at 0.94. Check the full technical report for our detailed analysis of FIXX support and resistance levels.