LEXICON PHARMACEUTICALS INC (LXRX) Stock Technical Analysis
NASDAQ:LXRX - Nasdaq - US5288723027 - Common Stock - Currency: USD
Overall LXRX gets a technical rating of 8 out of 10. In the last year, LXRX was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
LXRX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
LXRX is one of the better performing stocks in the Biotechnology industry, it outperforms 86% of 555 stocks in the same industry.
In the last month LXRX has a been trading in the 0.61 - 0.97 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
LXRX has an average volume of 5100500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, LXRX did better than 89% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
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 offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.68
0.96
2 important support areas can be observed.
- A support zone ranging from 0.72 to 0.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.69 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for LXRX is up. |
| ChartMill Relative Strength | 89.66 | POSITIVE | LXRX has a high relative strength, it outperformed 89.66% 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) | 67.78 | 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) | 78.7 | NEUTRAL | The Stochastics value for LXRX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.68 | HIGH VOLATILITY | The high ATR as a percentage value for LXRX suggests high volalility. |
| Average Directional Index/ADX (14) | 29.62 | POSITIVE | The high ADX value value for LXRX suggests a strong 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)
0.9457
+0.12 (+15.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg15.2%
1 Week28.82%
2 Weeks40.83%
1 Month50.93%
3 Month125.76%
6 Month19.92%
12 Month-43.37%
2 Year-58.7%
3 Year-49.16%
5 Year-52.6%
10 Year-88.25%
15 Year-89.45%
Volatility
ATR(14)0.08
ATR(20)%7.68%
ATR Inc114.54%
Range Today0.16
ADR(20)0.07
ADR(20)%7.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.66
Mansfield-1.69
10 Day High0.97
10 Day Low0.64
20 Day High0.97
20 Day Low0.62
52 Week High2.45
52 Week Low0.28
CS1 End0.73
CR1 Start0.95
Volume & EV
DER(3)5.68%
DER(5)7.96%
Volume8.95M
Volume Incr156.61%
Vol(5)9.45M
Vol(50)5.10M