LEXICON PHARMACEUTICALS INC (LXRX)

US5288723027 - Common Stock

2.39  +0.06 (+2.58%)

After market: 2.4 +0.01 (+0.42%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to LXRX. 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 and short term trends are both positive. This is looking good!
LXRX is one of the better performing stocks in the Biotechnology industry, it outperforms 81% of 577 stocks in the same industry.
In the last month LXRX has a been trading in the 1.56 - 2.45 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 2740720 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 91% 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 trading in the upper part of its 52 week range, so LXRX is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
LXRX Weekly chart
LXRX Daily chart
Setup Rating and Analysis

2

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.

Support and Resistance Analysis

1.59

3.04

We found 3 important support areas.

  • Support @1.73 from a trend line in the weekly time frame.
  • Support @1.66 from a trend line in the daily time frame.
  • Support @1.61 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 2.40 to 2.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @3.01 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.97
Mansfield2.6
10 Day High2.45
10 Day Low1.94
20 Day High2.45
20 Day Low1.56
52 Week High3.73
52 Week Low0.92
Performance
1 Week20.1%
2 Weeks20.71%
1 Month37.36%
3 Month51.27%
6 Month31.32%
12 Month20.71%
2 Year0.42%
3 Year-32.49%
5 Year77.04%
10 Year-76.77%
15 Year-74.33%
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)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)69.1
LBB1.61
UBB2.51
LXRX Daily chart

LEXICON PHARMACEUTICALS INC

NASDAQ:LXRX (7/26/2024, 7:00:00 PM)

After market: 2.4 +0.01 (+0.42%)

2.39

+0.06 (+2.58%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.58%
1 Week20.1%
2 Weeks20.71%
1 Month37.36%
3 Month51.27%
6 Month31.32%
12 Month20.71%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.17
ATR(20)%6.13%
ATR Inc
Range Today0.12
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.45
10 Day Low1.94
20 Day High2.45
20 Day Low1.56
52 Week High3.73
52 Week Low0.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.14M
Volume Incr29.54%
Vol(5)3.85M
Vol(50)2.74M