We assign a technical rating of 2 out of 10 to LXRX. Although LXRX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of LXRX is bad and it also does not present a quality setup 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
1.13
We found 1 important support area.
- Support @1.14 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.31 to 1.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.47 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 | NEUTRAL | NEUTRAL | The long term trend for LXRX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LXRX is down. |
| ChartMill Relative Strength | 88.8 | POSITIVE | LXRX has a high relative strength, it outperformed 88.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LXRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LXRX is below a declining 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) | 35.07 | NEUTRAL | The RSI value for LXRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LXRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.53 | OVERSOLD | The low Stochastics value suggests LXRX may be oversold. |
| Average True Range in percent/ATR (20) | 6.55 | HIGH VOLATILITY | The high ATR as a percentage value for LXRX suggests high volalility. |
| Average Directional Index/ADX (14) | 12.48 | NEGATIVE | The low ADX value for LXRX suggests a weak or negative trend. |
1.17
-0.01 (-0.85%)
LEXICON PHARMACEUTICALS INC / LXRX FAQ
What is the technical rating for LXRX stock?
ChartMill assigns a technical rating of 2 / 10 to LXRX.
Can you provide the trend direction for LEXICON PHARMACEUTICALS INC?
The current trend direction for LEXICON PHARMACEUTICALS INC (LXRX) is Bearish.
Can you provide the RSI signal for LEXICON PHARMACEUTICALS INC?
LEXICON PHARMACEUTICALS INC (LXRX) has an RSI value of 35.0702. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LEXICON PHARMACEUTICALS INC?
The MACD indicator for LEXICON PHARMACEUTICALS INC (LXRX) has a value of -0.0223829, indicating a bearish trend.