LEXARIA BIOSCIENCE CORP (LEXX) Technical Analysis
NASDAQ:LEXX • US52886N4060
Current stock price
LEXX Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to LEXX. LEXX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 91% of all other stocks performed better in the past year than LEXX.
- LEXX is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, of which 72% are performing better than LEXX.
- LEXX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month LEXX has a been trading in the 0.55 - 1.06 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
LEXX Weekly and Daily overview Charts
LEXX Setup Rating and Analysis
The technical rating of LEXX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
LEXX Support and Resistance Analysis
0.65
3 important resistance areas can be observed.
- Resistance @0.98 from a trend line in the daily time frame.
- Resistance @1.02 from a trend line in the daily time frame.
- Resistance @1.11 from a trend line in the weekly time frame.
LEXX 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 | NEUTRAL | NEUTRAL | The long term trend for LEXX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LEXX is down. |
| ChartMill Relative Strength | 9.76 | NEGATIVE | LEXX has a low relative strength, it was outperformed by 90.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LEXX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LEXX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LEXX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.58 | NEUTRAL | The RSI value for LEXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests LEXX has a negative trend. |
| Stochastics (14,3) | 10.17 | OVERSOLD | The low Stochastics value suggests LEXX may be oversold. |
| Average True Range in percent/ATR (20) | 16.09 | HIGH VOLATILITY | The high ATR as a percentage value for LEXX suggests high volalility. |
| Average Directional Index/ADX (14) | 27.09 | POSITIVE | The high ADX value value for LEXX suggests a strong trend. |
LEXX Chart- and CandleStick Pattern Analysis
LEXX Technicals: Chart, Performance Metrics, Trend & Indicators
0.659
-0.03 (-4.34%)
LEXARIA BIOSCIENCE CORP / LEXX TA FAQ
Can you provide the ChartMill technical rating for LEXARIA BIOSCIENCE CORP?
ChartMill assigns a technical rating of 1 / 10 to LEXX.
What is the trend direction for LEXX stock?
The current trend direction for LEXARIA BIOSCIENCE CORP (LEXX) is Bearish.
What is the RSI signal for LEXARIA BIOSCIENCE CORP (LEXX) stock?
LEXARIA BIOSCIENCE CORP (LEXX) has an RSI value of 31.5838. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for LEXARIA BIOSCIENCE CORP?
LEXARIA BIOSCIENCE CORP (LEXX) has a resistance level at 0.98. Check the full technical report for our detailed analysis of LEXX support and resistance levels.