Logo image of PIXY

ShiftPixy Inc (PIXY) Stock Technical Analysis

NASDAQ:PIXY - Nasdaq - US82452L4014 - Common Stock - Currency: USD

6.53  -1.09 (-14.3%)

After market: 6.8 +0.27 (+4.13%)

Technical Rating and Analysis

0

Taking everything into account, PIXY scores 0 out of 10 in our technical rating. PIXY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PIXY is a bad performer in the overall market: 100% of all stocks are doing better.
PIXY is one of the lesser performing stocks in the Professional Services industry. 87% of 82 stocks in the same industry do better.
PIXY is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PIXY is lagging the market.
In the last month PIXY has a been trading in the 5.43 - 14.64 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ShiftPixy Inc / PIXY Weekly stock chart
ShiftPixy Inc / PIXY Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, PIXY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

6.46

12.59

We can see 2 important resistance areas.

  • Resistance @11.13 from a trend line in the daily time frame.
  • Resistance @12.47 from a trend line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for PIXY is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for PIXY is down.
ChartMill Relative Strength0.67NEGATIVEPIXY has a low relative strength, it was outperformed by 99.33% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of PIXY is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of PIXY is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of PIXY is below a declining SMA(200).
Relative Strength Index/RSI (14)35.46NEUTRALThe RSI value for PIXY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.13POSITIVEThe MACD value suggests PIXY has a positive trend, although the MACD value is declining.
Stochastics (14,3)24.83NEUTRALThe Stochastics value for PIXY is a neutral value.
Average True Range in percent/ATR (20)32.51HIGH VOLATILITYThe high ATR as a percentage value for PIXY suggests high volalility.
Average Directional Index/ADX (14)22.88NEUTRALThe ADX value for PIXY suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
ShiftPixy Inc / PIXY Daily stock chart

ShiftPixy Inc

NASDAQ:PIXY (10/25/2024, 8:00:01 PM)

After market: 6.8 +0.27 (+4.13%)

6.53

-1.09 (-14.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-14.3%
1 Week-20.07%
2 Weeks-33.03%
1 Month-47.55%
3 Month-72.96%
6 Month-76.84%
12 Month-91.41%
2 Year-99.84%
3 Year-99.99%
5 Year-100%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.39
ATR(20)%32.51%
ATR Inc-23.77%
Range Today2.01
ADR(20)1.96
ADR(20)%29.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.67
Mansfield-8.82
10 Day High14.64
10 Day Low5.43
20 Day High14.64
20 Day Low5.43
52 Week High228.45
52 Week Low5.43
CS1 EndN/A
CR1 Start11.13
Volume & EV
DER(3)-5.42%
DER(5)-3.22%
Volume247.20K
Volume Incr-72.88%
Vol(5)245.32K
Vol(50)431.67K