LEXICON PHARMACEUTICALS INC (LXRX) Stock Technical Analysis
NASDAQ:LXRX - Nasdaq - US5288723027 - Common Stock - Currency: USD
Overall LXRX gets a technical rating of 6 out of 10. In the past year, LXRX was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
LXRX 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
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.
LXRX is part of the Biotechnology industry. There are 559 other stocks in this industry. LXRX outperforms 79% of them.
In the last month LXRX has a been trading in the 0.51 - 0.79 range, which is quite wide. It is currently trading near the high of this range.
LXRX has an average volume of 7944280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, LXRX did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
LXRX has an average technical rating and the quality of the presented setup is also not ideal 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
0.61
1.02
3 important support areas can be observed.
- A support zone ranging from 0.67 to 0.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.63 to 0.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.62 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.77 to 0.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.01 from a trend line in the weekly 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 LXRX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LXRX is up. |
| ChartMill Relative Strength | 79.33 | POSITIVE | LXRX has a high relative strength, it outperformed 79.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LXRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LXRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LXRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.92 | NEUTRAL | The RSI value for LXRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LXRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.24 | NEUTRAL | The Stochastics value for LXRX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.18 | HIGH VOLATILITY | The high ATR as a percentage value for LXRX suggests high volalility. |
| Average Directional Index/ADX (14) | 22.83 | NEUTRAL | The ADX value for LXRX 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)
0.7011
-0.04 (-5.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.91%
1 Week10.93%
2 Weeks1.61%
1 Month4.04%
3 Month91.3%
6 Month-13.48%
12 Month-61.48%
2 Year-69.38%
3 Year-62.31%
5 Year-64.86%
10 Year-91.29%
15 Year-92.18%
Volatility
ATR(14)0.06
ATR(20)%8.18%
ATR Inc22.11%
Range Today0.04
ADR(20)0.05
ADR(20)%7.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.33
Mansfield-4.02
10 Day High0.79
10 Day Low0.62
20 Day High0.79
20 Day Low0.51
52 Week High2.45
52 Week Low0.28
CS1 End0.69
CR1 Start0.77
Volume & EV
DER(3)-4.29%
DER(5)-4.41%
Volume3.99M
Volume Incr35.6%
Vol(5)5.16M
Vol(50)7.94M