LEXEO THERAPEUTICS INC (LXEO) Stock Technical Analysis
USA - NASDAQ:LXEO - US52886X1072 - Common Stock
8.34 USD
+1.87 (+28.9%)
8.3 USD
-0.04 (-0.48%)
We assign a technical rating of 9 out of 10 to LXEO. Both in the recent history as in the last year, LXEO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
LXEO is one of the better performing stocks in the Biotechnology industry, it outperforms 79% of 536 stocks in the same industry.
In the last month LXEO has a been trading in the 4.90 - 8.88 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that LXEO is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although LXEO 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.
More info and screens
4.94
8.42
2 important support areas can be observed.
- A support zone ranging from 5.59 to 5.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.99 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for LXEO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LXEO is up. |
| ChartMill Relative Strength | 90.29 | POSITIVE | LXEO has a high relative strength, it outperformed 90.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LXEO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LXEO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LXEO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 83.62 | OVERBOUGHT | The high RSI value suggests LXEO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests LXEO has a positive trend. |
| Stochastics (14,3) | 72.15 | NEUTRAL | The Stochastics value for LXEO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.77 | HIGH VOLATILITY | The high ATR as a percentage value for LXEO suggests high volalility. |
| Average Directional Index/ADX (14) | 39.08 | POSITIVE | The high ADX value value for LXEO suggests a strong 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)
8.34
+1.87 (+28.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg28.9%
1 Week25.6%
2 Weeks55.89%
1 Month60.69%
3 Month86.58%
6 Month321.21%
12 Month1.83%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%6.77%
ATR Inc159.45%
Range Today1
ADR(20)0.49
ADR(20)%5.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.29
Mansfield4.78
10 Day High8.88
10 Day Low5.25
20 Day High8.88
20 Day Low4.9
52 Week High11.72
52 Week Low1.45
CS1 End5.64
CR1 StartN/A
Volume & EV
DER(3)-1.82%
DER(5)-3.55%
Volume9.57M
Volume Incr181.52%
Vol(5)2.21M
Vol(50)713.34K