LEXICON PHARMACEUTICALS INC (LXRX) Stock Technical Analysis
NASDAQ:LXRX - US5288723027 - Common Stock
1.19 USD
+0.02 (+1.71%)
1.2 USD
+0.01 (+0.84%)
Taking everything into account, LXRX scores 9 out of 10 in our technical rating. 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.
LXRX is one of the better performing stocks in the Biotechnology industry, it outperforms 71% of 549 stocks in the same industry.
In the last month LXRX has a been trading in the 1.00 - 1.27 range, which is quite wide. It is currently trading near the high of this range.
LXRX has an average volume of 3762810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that LXRX is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
LXRX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LXRX is lagging the market.
Considerably lower volume is observed in the last couple of days.
LXRX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
1.01
1.26
We found 3 important support areas.
- A support zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.07 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.02 to 1.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.21 from a trend line in the daily time frame.
- Resistance @1.25 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 | 82.22 | POSITIVE | LXRX has a high relative strength, it outperformed 82.22% 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 | MIXED | The current price of LXRX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.88 | NEUTRAL | The RSI value for LXRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests LXRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.33 | NEUTRAL | The Stochastics value for LXRX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.49 | HIGH VOLATILITY | The high ATR as a percentage value for LXRX suggests high volalility. |
| Average Directional Index/ADX (14) | 24.98 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.22 | 1.11 | 0.11 (9.02%) | 11.09% |
| An entry @1.22. This is a Buy Stop order right above the resistance zone. | An exit @1.11. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.11 points, which is 9.02%. | When investing 11.09% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of LXRX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.19
+0.02 (+1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.71%
1 Week-4.03%
2 Weeks10.19%
1 Month8.18%
3 Month80.33%
6 Month67.61%
12 Month-34.97%
2 Year-30.81%
3 Year-56.73%
5 Year-32%
10 Year-90.03%
15 Year-88.11%
Volatility
ATR(14)0.09
ATR(20)%7.49%
ATR Inc-32.39%
Range Today0.08
ADR(20)0.09
ADR(20)%7.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.22
Mansfield1.38
10 Day High1.24
10 Day Low1.02
20 Day High1.27
20 Day Low1
52 Week High2.17
52 Week Low0.28
CS1 End1.13
CR1 Start1.21
Volume & EV
DER(3)-7.98%
DER(5)-6.73%
Volume1.41M
Volume Incr-43.53%
Vol(5)1.61M
Vol(50)3.76M