LEXICON PHARMACEUTICALS INC (LXRX) Technical Analysis
NASDAQ:LXRX • US5288723027
Current stock price
LXRX Technical Rating and Analysis
Overall LXRX gets a technical rating of 9 out of 10. In the last year, LXRX was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, LXRX did better than 97% of all other stocks. We also observe that the gains produced by LXRX over the past year are nicely spread over this period.
- LXRX is part of the Pharmaceuticals industry. There are 192 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.
- LXRX has an average volume of 3229360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month LXRX has a been trading in the 1.45 - 1.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LXRX Weekly and Daily overview Charts
LXRX Setup Rating and Analysis
LXRX has an excellent technical rating, but the quality of the setup is only medium 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
LXRX Support and Resistance Analysis
1.14
We found 3 important support areas.
- A support zone ranging from 1.49 to 1.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.21 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.68 to 1.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.76 from a horizontal line in the daily time frame.
LXRX 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 | UP | POSITIVE | The long term trend for LXRX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LXRX is neutral. |
| ChartMill Relative Strength | 97.93 | POSITIVE | LXRX has a high relative strength, it outperformed 97.93% 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) | 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) | 45 | 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. |
| Stochastics (14,3) | 32.53 | NEUTRAL | The Stochastics value for LXRX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.36 | HIGH VOLATILITY | The high ATR as a percentage value for LXRX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.96 | NEGATIVE | The low ADX value for LXRX suggests a weak or negative trend. |
LXRX Chart- and CandleStick Pattern Analysis
LXRX Technicals: Chart, Performance Metrics, Trend & Indicators
1.51
-0.14 (-8.48%)
LEXICON PHARMACEUTICALS INC / LXRX TA FAQ
What is the technical rating for LXRX stock?
ChartMill assigns a technical rating of 9 / 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 45.0032. 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 neutral.