HOMOLOGY MEDICINES INC (FIXX) Stock Technical Analysis
NASDAQ:FIXX - US4380831077 - Common Stock
0.9347 USD
+0.01 (+0.77%)
0.892 USD
-0.04 (-4.57%)
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.
The long and short term trends are both positive. This is looking good!
FIXX is one of the better performing stocks in the Biotechnology industry, it outperforms 72% of 547 stocks in the same industry.
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 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 has an excellent technical rating and 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
0.65
0.96
3 important support areas can be observed.
- 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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%. | For a 1.00% total portfolio risk, you can invest 16.00% of your capital in this trade. |
- 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.
0.9347
+0.01 (+0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.77%
1 Week3.86%
2 Weeks2.73%
1 Month4.8%
3 Month53.73%
6 Month-20.11%
12 Month-9.25%
2 Year-69.25%
3 Year-90.07%
5 Year-96.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%5.19%
ATR Inc83.53%
Range Today0.07
ADR(20)0.05
ADR(20)%5.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.09
Mansfield-1.37
10 Day High0.97
10 Day Low0.86
20 Day High0.97
20 Day Low0.86
52 Week High1.48
52 Week Low0.46
CS1 End0.92
CR1 Start0.94
Volume & EV
DER(3)4.85%
DER(5)-2.49%
Volume401.40K
Volume Incr-5.42%
Vol(5)335.80K
Vol(50)419.61K