
PLX PHARMA INC (PLXP) Technical Analysis
NASDAQ:PLXP • US72942A1079
Current stock price
PLXP Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to PLXP. PLXP 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 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. 86% of 192 stocks in the same industry do better.
- PLXP is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so PLXP is lagging the market.
- 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 Weekly and Daily overview Charts
PLXP Setup Rating and Analysis
PLXP has a poor technical rating and the quality of the setup is also not perfect 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
PLXP Support and Resistance Analysis
PLXP 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 | 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. |
PLXP Chart- and CandleStick Pattern Analysis
PLXP Technicals: Chart, Performance Metrics, Trend & Indicators
0.087
-0.03 (-27.8%)
PLX PHARMA INC / PLXP TA FAQ
Can you provide the ChartMill technical rating for PLX PHARMA INC?
ChartMill assigns a technical rating of 0 / 10 to PLXP.
Can you provide the trend direction for PLX PHARMA INC?
The current trend direction for PLX PHARMA INC (PLXP) is Bearish.
Can you provide the RSI signal for PLX PHARMA INC?
PLX PHARMA INC (PLXP) has an RSI value of 43.7275. This indicates that the stock is currently neutral.
What is the MACD signal for PLX PHARMA INC (PLXP) stock?
The MACD indicator for PLX PHARMA INC (PLXP) has a value of 0.00351528, indicating a bearish trend.