LEXEO THERAPEUTICS INC (LXEO) Stock Technical Analysis
NASDAQ:LXEO • US52886X1072
Overall LXEO gets a technical rating of 2 out of 10. Although LXEO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month LXEO has a been trading in the 5.97 - 7.91 range, which is quite wide. It is currently trading near the lows of this range.
- LXEO has an average volume of 1249010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, LXEO did better than 70% of all other stocks. However, we also see that LXEO couldn't keep up this performance in the last couple of months.
- LXEO is an average performer in the Biotechnology industry, it outperforms 63% of 521 stocks in the same industry.
- LXEO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LXEO is lagging the market.
- Considerably lower volume is observed in the last couple of days.
The technical rating of LXEO 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
6.20
When analyzing the support we notice one important area.
- A support zone ranging from 6.26 to 6.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @10.00 from a trend line in the weekly time frame.
- Resistance @10.49 from a trend line in the weekly time frame.
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 LXEO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LXEO is down. |
| ChartMill Relative Strength | 70.99 | POSITIVE | LXEO has a high relative strength, it outperformed 70.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LXEO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LXEO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LXEO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30.88 | NEUTRAL | The RSI value for LXEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LXEO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.16 | OVERSOLD | The low Stochastics value suggests LXEO may be oversold. |
| Average True Range in percent/ATR (20) | 7.1 | HIGH VOLATILITY | The high ATR as a percentage value for LXEO suggests high volalility. |
| Average Directional Index/ADX (14) | 31.79 | POSITIVE | The high ADX value value for LXEO suggests a strong trend. |
6.29
+0.02 (+0.32%)
LEXEO THERAPEUTICS INC / LXEO FAQ
What is the technical rating for LXEO stock?
ChartMill assigns a technical rating of 2 / 10 to LXEO.
Can you provide the trend direction for LEXEO THERAPEUTICS INC?
The current trend direction for LEXEO THERAPEUTICS INC (LXEO) is Bearish.
What is the RSI signal for LXEO stock?
LEXEO THERAPEUTICS INC (LXEO) has an RSI value of 30.8808. This indicates that the stock is currently neutral.
What is the MACD signal for LXEO stock?
The MACD indicator for LEXEO THERAPEUTICS INC (LXEO) has a value of -0.0214192, indicating a bearish trend.
Can you provide the buy/sell signal for LEXEO THERAPEUTICS INC?
The buy/sell signal for LEXEO THERAPEUTICS INC (LXEO) is sell as both the short term and long term trends are negative.