LEXAGENE HOLDINGS INC (LXG.CA) Technical Analysis
TSX-V:LXG • CA52886L1031
Current stock price
LXG.CA Technical Rating and Analysis
Taking everything into account, LXG scores 0 out of 10 in our technical rating. LXG'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.
- When comparing the yearly performance of all stocks, LXG is a bad performer in the overall market: 98% of all stocks are doing better.
- LXG is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 92% of 15 stocks in the same industry do better.
- LXG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month LXG has a been trading in the 0.10 - 0.28 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 short term trend is negative, the long term trend is neutral. Not much exciting going on here.
LXG.CA Weekly and Daily overview Charts
LXG.CA Setup Rating and Analysis
The technical rating of LXG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
LXG.CA Support and Resistance Analysis
LXG.CA Technical Indicator Signal Analysis
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 LXG.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LXG.CA is down. |
| ChartMill Relative Strength | 2.3 | NEGATIVE | LXG.CA has a low relative strength, it was outperformed by 97.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LXG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LXG.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LXG.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.62 | OVERSOLD | The low RSI value suggests LXG.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LXG.CA has a negative trend. |
| Stochastics (14,3) | 1.15 | OVERSOLD | The low Stochastics value suggests LXG.CA may be oversold. |
| Average True Range in percent/ATR (20) | 19.52 | HIGH VOLATILITY | The high ATR as a percentage value for LXG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.09 | NEUTRAL | The ADX value for LXG.CA suggests a possible start of a new trend. |
LXG.CA Chart- and CandleStick Pattern Analysis
LXG.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:LXG (2/21/2023, 7:00:00 PM)
0.105
-0.03 (-19.23%)
LEXAGENE HOLDINGS INC / LXG.CA TA FAQ
What is the technical rating for LXG stock?
ChartMill assigns a technical rating of 0 / 10 to LXG.CA.
What is the trend direction for LXG stock?
The current trend direction for LEXAGENE HOLDINGS INC (LXG.CA) is Bearish.
What is the RSI signal for LXG stock?
LEXAGENE HOLDINGS INC (LXG.CA) has an RSI value of 24.6246. This indicates that the stock is currently oversold.
What is the MACD signal for LEXAGENE HOLDINGS INC (LXG.CA) stock?
The MACD indicator for LEXAGENE HOLDINGS INC (LXG.CA) has a value of -0.0152701, indicating a bearish trend.