LEXICON PHARMACEUTICALS INC (LXRX) Technical Analysis
NASDAQ:LXRX • US5288723027
Current stock price
LXRX Technical Rating and Analysis
Overall LXRX gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LXRX is showing a nice and steady performance.
- 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!
- When comparing the yearly performance of all stocks, we notice that LXRX is one of the better performing stocks in the market, outperforming 92% of all 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 191 other stocks in this industry. LXRX outperforms 84% of them.
- LXRX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LXRX is lagging the market slightly.
- LXRX has an average volume of 2364260 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 1.49 - 1.95 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
Although LXRX has an excellent technical rating, it does not offer a high 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
LXRX Support and Resistance Analysis
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4 important support areas can be observed.
- A support zone ranging from 1.67 to 1.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.51 from a horizontal line in the daily time frame.
- Support @1.23 from a trend line in the daily time frame.
- Support @1.15 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.88 to 1.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 92.87 | POSITIVE | LXRX has a high relative strength, it outperformed 92.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LXRX is below 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) | 48.18 | NEUTRAL | The RSI value for LXRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LXRX has a negative trend. |
| Stochastics (14,3) | 44.17 | NEUTRAL | The Stochastics value for LXRX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.15 | HIGH VOLATILITY | The high ATR as a percentage value for LXRX suggests high volalility. |
| Average Directional Index/ADX (14) | 24.62 | NEUTRAL | The ADX value for LXRX suggests a possible start of a new trend. |
LXRX Chart- and CandleStick Pattern Analysis
LXRX Technicals: Chart, Performance Metrics, Trend & Indicators
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LEXICON PHARMACEUTICALS INC / LXRX TA 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.
What is the RSI signal for LXRX stock?
LEXICON PHARMACEUTICALS INC (LXRX) has an RSI value of 48.1786. 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 -0.0101165, indicating a bearish trend.
Can you provide the short term momentum for LEXICON PHARMACEUTICALS INC?
The short term momentum for LEXICON PHARMACEUTICALS INC (LXRX) is neutral.