LEXARIA BIOSCIENCE CORP (LEXX)

US52886N4060 - Common Stock

3.49  +0.4 (+12.94%)

After market: 3.38 -0.11 (-3.15%)

Technical Rating and Analysis

8

Overall LEXX gets a technical rating of 8 out of 10. LEXX has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Looking at the yearly performance, LEXX did better than 98% of all other stocks. We also observe that the gains produced by LEXX over the past year are nicely spread over this period.
LEXX is part of the Pharmaceuticals industry. There are 198 other stocks in this industry. LEXX outperforms 96% of them.
In the last month LEXX has a been trading in the 1.85 - 3.68 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
LEXX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LEXX is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
LEXX Weekly chart
LEXX Daily chart
Setup Rating and Analysis

1

Although LEXX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

2.10

3.52

We found 2 important support areas.

  • A support zone ranging from 2.29 to 2.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.12 from a trend line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.59
Mansfield11.28
10 Day High3.68
10 Day Low2.15
20 Day High3.68
20 Day Low1.85
52 Week High6.85
52 Week Low0.65
Performance
1 Week58.64%
2 Weeks49.15%
1 Month2.35%
3 Month100.58%
6 Month139.04%
12 Month166.41%
2 Year70.24%
3 Year-42.6%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.13
RSI(14)63.59
LBB1.61
UBB3.17
LEXX Daily chart

LEXARIA BIOSCIENCE CORP

NASDAQ:LEXX (5/1/2024, 7:07:15 PM)

After market: 3.38 -0.11 (-3.15%)

3.49

+0.4 (+12.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg12.94%
1 Week58.64%
2 Weeks49.15%
1 Month2.35%
3 Month100.58%
6 Month139.04%
12 Month166.41%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%8.42%
ATR Inc
Range Today0.62
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.68
10 Day Low2.15
20 Day High3.68
20 Day Low1.85
52 Week High6.85
52 Week Low0.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume363.60K
Volume Incr31.53%
Vol(5)265.96K
Vol(50)548.00K