LEXARIA BIOSCIENCE CORP (LEXX) Stock Technical Analysis
NASDAQ:LEXX - Nasdaq - US52886N4060 - Common Stock - Currency: USD
Overall LEXX gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, LEXX is a bad performer in the overall market: 95% of all stocks are doing better.
LEXX is part of the Pharmaceuticals industry. There are 198 other stocks in this industry, of which 73% are performing better than LEXX.
LEXX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so LEXX is lagging the market.
In the last month LEXX has a been trading in the 0.95 - 1.45 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of LEXX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.96
1.50
We can see 3 important resistance areas.
- A resistance zone ranging from 1.09 to 1.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.41 to 1.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.48 to 1.49. 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 | DOWN | NEGATIVE | The long term trend for LEXX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LEXX is down. |
| ChartMill Relative Strength | 5.45 | NEGATIVE | LEXX has a low relative strength, it was outperformed by 94.55% 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) | 31.57 | NEUTRAL | The RSI value for LEXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests LEXX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.48 | OVERSOLD | The low Stochastics value suggests LEXX may be oversold. |
| Average True Range in percent/ATR (20) | 8.59 | HIGH VOLATILITY | The high ATR as a percentage value for LEXX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.44 | NEUTRAL | The ADX value for LEXX suggests a possible start of a new 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)
0.97
+0.01 (+1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.04%
1 Week-5.83%
2 Weeks-8.49%
1 Month-42.6%
3 Month-33.1%
6 Month-53.59%
12 Month-68.91%
2 Year30.59%
3 Year-52.68%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%8.59%
ATR Inc1.6%
Range Today0.06
ADR(20)0.07
ADR(20)%6.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.45
Mansfield-5.96
10 Day High1.12
10 Day Low0.95
20 Day High1.45
20 Day Low0.95
52 Week High4.44
52 Week Low0.95
CS1 EndN/A
CR1 Start1.09
Volume & EV
DER(3)2.54%
DER(5)-3.74%
Volume59.30K
Volume Incr-40.84%
Vol(5)68.78K
Vol(50)100.01K