LEXICON PHARMACEUTICALS INC (LXRX) Technical Analysis
NASDAQ:LXRX • US5288723027
Overall LXRX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, LXRX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, LXRX did better than 98% of all other stocks. On top of that, LXRX also shows a nice and consistent pattern of rising prices.
- LXRX is part of the Pharmaceuticals industry. There are 193 other stocks in this industry. LXRX outperforms 93% of them.
- LXRX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so LXRX is performing more or less in line with the market.
- In the last month LXRX has a been trading in the 1.17 - 1.64 range, which is quite wide. It is currently trading near the high of this range.
- LXRX has an average volume of 2774160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although LXRX 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
1.14
We found 4 important support areas.
- A support zone ranging from 1.46 to 1.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.23 from a trend line in the daily time frame.
- Support @1.18 from a trend line in the daily time frame.
- A support zone ranging from 1.15 to 1.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.65 from a trend line in the weekly time frame.
- Resistance @1.70 from a horizontal 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 | UP | POSITIVE | The long term trend for LXRX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LXRX is up. |
| ChartMill Relative Strength | 98.47 | POSITIVE | LXRX has a high relative strength, it outperformed 98.47% 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) | UP | POSITIVE | The current price of LXRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.88 | NEUTRAL | The RSI value for LXRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests LXRX has a positive trend. |
| Stochastics (14,3) | 80.98 | OVERBOUGHT | The high Stochastics value suggests LXRX may be overbought. |
| Average True Range in percent/ATR (20) | 6.84 | HIGH VOLATILITY | The high ATR as a percentage value for LXRX suggests high volalility. |
| Average Directional Index/ADX (14) | 27.08 | POSITIVE | The high ADX value value for LXRX suggests a strong trend. |
LXRX Technicals: Chart, Performance Metrics, Trend & Indicators
1.61
+0.05 (+3.21%)
LEXICON PHARMACEUTICALS INC / LXRX FAQ
What is the technical rating for LXRX stock?
ChartMill assigns a technical rating of 10 / 10 to LXRX.
What is the current trend direction of LEXICON PHARMACEUTICALS INC (LXRX) stock?
The current trend direction for LEXICON PHARMACEUTICALS INC (LXRX) is Bullish.
Can you provide the RSI signal for LEXICON PHARMACEUTICALS INC?
LEXICON PHARMACEUTICALS INC (LXRX) has an RSI value of 62.8849. This indicates that the stock is currently neutral.
What is the short term momentum for LXRX stock?
The short term momentum for LEXICON PHARMACEUTICALS INC (LXRX) is positive.
Can you provide the buy/sell signal for LEXICON PHARMACEUTICALS INC?
The buy/sell signal for LEXICON PHARMACEUTICALS INC (LXRX) is buy as both the short term and long term trends are positive.