LEXEO THERAPEUTICS INC (LXEO) Stock Technical Analysis
NASDAQ:LXEO - Nasdaq - US52886X1072 - Common Stock - Currency: USD
Overall LXEO gets a technical rating of 0 out of 10. LXEO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
96% of all other stocks performed better in the past year than LXEO.
LXEO is one of the lesser performing stocks in the Biotechnology industry. 73% of 561 stocks in the same industry do better.
LXEO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so LXEO is lagging the market.
In the last month LXEO has a been trading in the 2.43 - 5.55 range, which is quite wide. It is currently trading near the lows of this range.
LXEO has an average volume of 1070520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, LXEO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
2.59
3.99
When analyzing the support we notice one important area.
- Support @2.62 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @3.26 from a trend line in the daily time frame.
- Resistance @3.71 from a trend line in the weekly time frame.
- A resistance zone ranging from 3.93 to 3.95. 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 | 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 | 4.67 | NEGATIVE | LXEO has a low relative strength, it was outperformed by 95.33% 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) | DOWN | NEGATIVE | The current price of LXEO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.82 | NEUTRAL | The RSI value for LXEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LXEO has a negative trend. |
| Stochastics (14,3) | 21.9 | NEUTRAL | The Stochastics value for LXEO is a neutral value. |
| Average True Range in percent/ATR (20) | 20.17 | HIGH VOLATILITY | The high ATR as a percentage value for LXEO suggests high volalility. |
| Average Directional Index/ADX (14) | 14.76 | NEGATIVE | The low ADX value for LXEO suggests a weak or negative 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)
2.82
-0.26 (-8.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-8.44%
1 Week-12.96%
2 Weeks4.83%
1 Month-23.37%
3 Month-27.51%
6 Month-56.41%
12 Month-81.76%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%20.17%
ATR Inc-53.07%
Range Today0.25
ADR(20)0.57
ADR(20)%20.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.67
Mansfield-6.65
10 Day High3.59
10 Day Low2.43
20 Day High5.55
20 Day Low2.43
52 Week High19.5
52 Week Low1.45
CS1 End2.62
CR1 Start3.26
Volume & EV
DER(3)-0.5%
DER(5)1.92%
Volume480.90K
Volume Incr-39.43%
Vol(5)609.06K
Vol(50)1.07M