PLX PHARMA INC (PLXP) Stock Technical Analysis
NASDAQ:PLXP - Nasdaq - US72942A1079 - Common Stock - Currency: USD
Taking everything into account, PLXP scores 0 out of 10 in our technical rating. PLXP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, PLXP is a bad performer in the overall market: 100% of all stocks are doing better.
PLXP is one of the lesser performing stocks in the Pharmaceuticals industry. 89% of 195 stocks in the same industry do better.
PLXP is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month PLXP has a been trading in the 0.08 - 0.46 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
PLXP has an average volume of 5389550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PLXP has a poor technical rating and the quality of the setup is also only medium 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
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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 | DOWN | NEGATIVE | The long term trend for PLXP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLXP is neutral. |
| ChartMill Relative Strength | 0.89 | NEGATIVE | PLXP has a low relative strength, it was outperformed by 99.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLXP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLXP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PLXP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.73 | NEUTRAL | The RSI value for PLXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PLXP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 25.85 | NEUTRAL | The Stochastics value for PLXP is a neutral value. |
| Average True Range in percent/ATR (20) | 66.6 | HIGH VOLATILITY | The high ATR as a percentage value for PLXP suggests high volalility. |
| Average Directional Index/ADX (14) | 20.85 | NEUTRAL | The ADX value for PLXP 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)
0.087
-0.03 (-27.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-27.8%
1 Week-27.5%
2 Weeks-30.4%
1 Month-43.51%
3 Month-63.38%
6 Month-84.24%
12 Month-97.52%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%66.6%
ATR Inc195.63%
Range Today0.07
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.89
Mansfield-9.19
10 Day High0.46
10 Day Low0.08
20 Day High0.46
20 Day Low0.08
52 Week High3.86
52 Week Low0.08
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)0.97%
DER(5)2.53%
Volume50.38M
Volume Incr15659.9%
Vol(5)50.81M
Vol(50)5.39M