LEXEO THERAPEUTICS INC (LXEO) Stock Technical Analysis
USA - NASDAQ:LXEO - US52886X1072 - Common Stock
8.42 USD
+0.22 (+2.68%)
8.42 USD
0 (0%)
We assign a technical rating of 8 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.
In the last month LXEO has a been trading in the 7.90 - 10.38 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
LXEO is one of the better performing stocks in the Biotechnology industry, it outperforms 82% of 534 stocks in the same industry.
LXEO has an average volume of 1178150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that LXEO is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
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.
Although LXEO has an excellent technical rating, it does not present a decent entry opportunity 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
5.95
8.50
3 important support areas can be observed.
- Support @8.19 from a horizontal line in the daily time frame.
- Support @6.41 from a trend line in the daily time frame.
- Support @6.01 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 | NEUTRAL | NEUTRAL | The short term trend for LXEO is neutral. |
| ChartMill Relative Strength | 92.46 | POSITIVE | LXEO has a high relative strength, it outperformed 92.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LXEO is below 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) | 49.66 | NEUTRAL | The RSI value for LXEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests LXEO has a negative trend. |
| Stochastics (14,3) | 9.53 | OVERSOLD | The low Stochastics value suggests LXEO may be oversold. |
| Average True Range in percent/ATR (20) | 8.47 | HIGH VOLATILITY | The high ATR as a percentage value for LXEO suggests high volalility. |
| Average Directional Index/ADX (14) | 41.49 | 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)
8.42
+0.22 (+2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.68%
1 Week-10.71%
2 Weeks-6.44%
1 Month2.68%
3 Month85.87%
6 Month213.01%
12 Month5.25%
2 Year-33.8%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%8.47%
ATR Inc-47.28%
Range Today0.42
ADR(20)0.68
ADR(20)%8.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.46
3 months CRS97.57
6 months CRS98.18
Mansfield5.15
10 Day High10.38
10 Day Low8.09
20 Day High10.38
20 Day Low7.9
52 Week High11.72
52 Week Low1.45
CS1 End8.19
CR1 StartN/A
Volume & EV
DER(3)2.59%
DER(5)-0.24%
Volume1.48M
Volume Incr25.9%
Vol(5)2.00M
Vol(50)1.18M
LEXEO THERAPEUTICS INC / LXEO FAQ
What is the technical rating for LXEO stock?
ChartMill assigns a technical rating of 8 / 10 to LXEO.
What is the trend direction for LXEO stock?
The current trend direction for LEXEO THERAPEUTICS INC (LXEO) is Bullish.
What is the RSI signal for LXEO stock?
LEXEO THERAPEUTICS INC (LXEO) has an RSI value of 49.6597. This indicates that the stock is currently neutral.
What is the short term momentum for LEXEO THERAPEUTICS INC (LXEO) stock?
The short term momentum for LEXEO THERAPEUTICS INC (LXEO) is neutral.