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LEXAGENE HOLDINGS INC (LXG.CA) Stock Technical Analysis

Canada - TSX Venture Exchange - TSX-V:LXG - CA52886L1031 - Common Stock

0.105 CAD
-0.03 (-19.23%)
Last: 2/21/2023, 7:00:00 PM
Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to LXG. 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 part of the Health Care Equipment & Supplies industry. There are 16 other stocks in this industry, of which 93% are performing better than LXG.
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.
Weekly and Daily overview Charts
LEXAGENE HOLDINGS INC / LXG Weekly stock chart
LEXAGENE HOLDINGS INC / LXG Daily stock chart
Setup Rating and Analysis

2

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.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for LXG.CA is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for LXG.CA is down.
ChartMill Relative Strength2.3NEGATIVELXG.CA has a low relative strength, it was outperformed by 97.7% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of LXG.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of LXG.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of LXG.CA is below a declining SMA(200).
Relative Strength Index/RSI (14)24.62OVERSOLDThe low RSI value suggests LXG.CA may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests LXG.CA has a negative trend.
Stochastics (14,3)1.15OVERSOLDThe low Stochastics value suggests LXG.CA may be oversold.
Average True Range in percent/ATR (20)19.52HIGH VOLATILITYThe high ATR as a percentage value for LXG.CA suggests high volalility.
Average Directional Index/ADX (14)21.09NEUTRALThe ADX value for LXG.CA suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
LEXAGENE HOLDINGS INC / LXG Daily stock chart

LEXAGENE HOLDINGS INC

TSX-V:LXG (2/21/2023, 7:00:00 PM)

0.105

-0.03 (-19.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-19.23%
1 Week-54.35%
2 Weeks-52.27%
1 Month-62.5%
3 Month-53.33%
6 Month-27.59%
12 Month-63.16%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%19.52%
ATR Inc81.03%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.3
3 months CRSN/A
6 months CRSN/A
Mansfield-4.29
10 Day High0.25
10 Day Low0.1
20 Day High0.28
20 Day Low0.1
52 Week High0.3
52 Week Low0.07
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-23.74%
DER(5)-8.2%
Volume2.14M
Volume Incr887.88%
Vol(5)785.55K
Vol(50)130.89K

LEXAGENE HOLDINGS INC / LXG.CA FAQ

What is the technical rating for LXG stock?

ChartMill assigns a technical rating of 0 / 10 to LXG.CA.


Can you provide the trend direction for LEXAGENE HOLDINGS INC?

The current trend direction for LEXAGENE HOLDINGS INC (LXG.CA) is Bearish.


Can you provide the RSI signal for LEXAGENE HOLDINGS INC?

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.