LIXTE BIOTECHNOLOGY HOLDINGS (LIXT)

US5393193017 - Common Stock

3.22  -0.06 (-1.83%)

Technical Rating and Analysis

7

Taking everything into account, LIXT scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LIXT is only an average performer.

LIXT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LIXT is lagging the market.
Both the short term and long term trends are positive. This is a very positive sign.
LIXT is one of the better performing stocks in the Biotechnology industry, it outperforms 71% of 588 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that LIXT is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month LIXT has a been trading in the 2.90 - 3.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
LIXT Weekly chart
LIXT Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, LIXT also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.35. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

1.73

3.55

When analyzing the support we can see 6 important areas.

  • A support zone ranging from 3.21 to 3.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.44 from a trend line in the daily time frame.
  • A support zone ranging from 2.33 to 2.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.21 from a horizontal line in the daily time frame.
  • Support @2.02 from a trend line in the weekly time frame.
  • Support @1.75 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 3.35 to 3.36. 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 3.49 to 3.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS70.67
Mansfield-1.19
10 Day High3.59
10 Day Low3.1
20 Day High3.87
20 Day Low2.9
52 Week High9.5
52 Week Low1.58
Performance
1 Week-3.91%
2 Weeks-4.73%
1 Month-8.52%
3 Month61.81%
6 Month32.51%
12 Month-42.6%
2 Year-72.71%
3 Year-88.33%
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)-0.05
RSI(14)52.34
LBB3.18
UBB3.51
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
3.373.200.17 (5.04%)19.82%
An entry @3.37. This is a Buy Stop order right above the resistance zone.An exit @3.20. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.17 points, which is 5.04%.When investing 19.82% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The distance between exit and entry is rather small compared to the average daily movement of LIXT. 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.
LIXT Daily chart

LIXTE BIOTECHNOLOGY HOLDINGS

NASDAQ:LIXT (4/25/2024, 7:02:41 PM)

3.22

-0.06 (-1.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.83%
1 Week-3.91%
2 Weeks-4.73%
1 Month-8.52%
3 Month61.81%
6 Month32.51%
12 Month-42.6%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.29
ATR(20)%11.96%
ATR Inc
Range Today0.3
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 High3.59
10 Day Low3.1
20 Day High3.87
20 Day Low2.9
52 Week High9.5
52 Week Low1.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume14.80K
Volume Incr-98.75%
Vol(5)20.80K
Vol(50)706.96K