LEXEO THERAPEUTICS INC (LXEO) Stock Technical Analysis
NASDAQ:LXEO - US52886X1072 - Common Stock
4.9 USD
+0.12 (+2.51%)
4.9 USD
0 (0%)
We assign a technical rating of 7 out of 10 to LXEO. In the last year, LXEO was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
LXEO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the performance of all stocks over the past year, LXEO turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
LXEO is an average performer in the Biotechnology industry, it outperforms 61% of 547 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.
LXEO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
4.16
4.95
3 important support areas can be observed.
- Support @4.86 from a trend line in the daily time frame.
- Support @4.43 from a horizontal line in the daily time frame.
- Support @4.20 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 | NEUTRAL | NEUTRAL | The long term trend for LXEO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LXEO is up. |
| ChartMill Relative Strength | 54.36 | NEUTRAL | LXEO is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of LXEO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.29 | 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) | 67.63 | NEUTRAL | The Stochastics value for LXEO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.63 | HIGH VOLATILITY | The high ATR as a percentage value for LXEO suggests high volalility. |
| Average Directional Index/ADX (14) | 20.52 | NEUTRAL | The ADX value for LXEO suggests a possible start of a new 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.13 | 4.85 | 0.27 (5.37%) | 18.64% |
| An entry @5.13. This is a Buy Stop order right above the 10 day high. | An exit @4.85. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.27 points, which is 5.37%. | For a 1.00% total portfolio risk, you can invest 18.64% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LXEO. 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.
4.9
+0.12 (+2.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.51%
1 Week3.81%
2 Weeks8.17%
1 Month18.64%
3 Month73.76%
6 Month25.96%
12 Month-59.34%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%7.63%
ATR Inc-17.72%
Range Today0.32
ADR(20)0.36
ADR(20)%7.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.36
Mansfield-2.05
10 Day High5.12
10 Day Low4.33
20 Day High5.12
20 Day Low3.91
52 Week High12.33
52 Week Low1.45
CS1 End4.86
CR1 StartN/A
Volume & EV
DER(3)-1.43%
DER(5)-1.03%
Volume519.00K
Volume Incr-7.44%
Vol(5)386.50K
Vol(50)445.29K