LIXT Technical Analysis - LIXTE BIOTECHNOLOGY HOLDINGS

Technical Rating and Analysis

We assign a technical rating of 9 out of 10 to LIXT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LIXT is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!

LIXT is part of the Biotechnology industry. There are 538 other stocks in this industry. LIXT outperforms 99% of them.

LIXT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LIXT is lagging the market slightly.

In the last month LIXT has a been trading in the 3.20 - 6.26 range, which is quite wide. It is currently trading near the high of this range.

When comparing the yearly performance of all stocks, we notice that LIXT is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

LIXTE BIOTECHNOLOGY HOLDINGS / LIXT Weekly stock chart

LIXTE BIOTECHNOLOGY HOLDINGS / LIXT Daily stock chart

Setup Rating and Analysis

LIXT has an excellent technical rating, but the quality of the setup is only medium 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

4.53

5.27

When analyzing the support we can see 2 important areas.

Support @5.09 from a trend line in the weekly time frame.
Support @4.58 from a trend line in the daily time frame.

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What is Support and Resistance

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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 LIXT is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for LIXT is up.
ChartMill Relative Strength	99.36	POSITIVE	LIXT has a high relative strength, it outperformed 99.36% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of LIXT is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of LIXT is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of LIXT is above the rising SMA(200).
Relative Strength Index/RSI (14)	57.9	NEUTRAL	The RSI value for LIXT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests LIXT has a positive trend, although the MACD value is declining.
Stochastics (14,3)	57.7	NEUTRAL	The Stochastics value for LIXT is a neutral value.
Average True Range in percent/ATR (20)	10.52	HIGH VOLATILITY	The high ATR as a percentage value for LIXT suggests high volalility.
Average Directional Index/ADX (14)	37.33	POSITIVE	The high ADX value value for LIXT suggests a strong trend.