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.
- In the last month LXEO has a been trading in the 6.73 - 10.75 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, LXEO did better than 74% of all other stocks.
- LXEO has an average volume of 1302920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- LXEO is part of the Biotechnology industry. There are 524 other stocks in this industry, LXEO did better than 64% of them.
- 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.
LXEO has a poor technical rating and the quality of the setup is also not perfect 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
6.81
When analyzing the support we notice one important area.
- Support @6.88 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.51 to 7.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.18 from a trend line in the weekly time frame.
- A resistance zone ranging from 10.50 to 10.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for LXEO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LXEO is down. |
| ChartMill Relative Strength | 74.48 | POSITIVE | LXEO has a high relative strength, it outperformed 74.48% 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 | POSITIVE | The current price of LXEO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.89 | NEUTRAL | The RSI value for LXEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LXEO has a positive trend. |
| Stochastics (14,3) | 27.67 | NEUTRAL | The Stochastics value for LXEO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.55 | HIGH VOLATILITY | The high ATR as a percentage value for LXEO suggests high volalility. |
| Average Directional Index/ADX (14) | 23.84 | NEUTRAL | The ADX value for LXEO suggests a possible start of a new trend. |
7.16
+0.27 (+3.92%)
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 38.8858. 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 0.00756418, indicating a bearish trend.