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PLX PHARMA INC (PLXP) Stock Technical Analysis

USA - NASDAQ:PLXP - US72942A1079 - Common Stock

0.087 USD
-0.03 (-27.8%)
Last: 4/12/2023, 8:00:00 PM
0.083 USD
0 (-4.6%)
After Hours: 4/12/2023, 8:00:00 PM
Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to PLXP. 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.
100% of all other stocks performed better in the past year than PLXP.
PLXP is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, of which 92% are performing better than PLXP.
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.
Weekly and Daily overview Charts
PLX PHARMA INC / PLXP Weekly stock chart
PLX PHARMA INC / PLXP Daily stock chart
Setup Rating and Analysis

4

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.

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 PLXP is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for PLXP is neutral.
ChartMill Relative Strength0.89NEGATIVEPLXP has a low relative strength, it was outperformed by 99.11% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of PLXP is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of PLXP is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of PLXP is below a declining SMA(200).
Relative Strength Index/RSI (14)43.73NEUTRALThe RSI value for PLXP is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests PLXP has a positive trend, although the MACD value is declining.
Stochastics (14,3)25.85NEUTRALThe Stochastics value for PLXP is a neutral value.
Average True Range in percent/ATR (20)66.6HIGH VOLATILITYThe high ATR as a percentage value for PLXP suggests high volalility.
Average Directional Index/ADX (14)20.85NEUTRALThe ADX value for PLXP 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)
PLX PHARMA INC / PLXP Daily stock chart

PLX PHARMA INC

NASDAQ:PLXP (4/12/2023, 8:00:00 PM)

After market: 0.083 0 (-4.6%)

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
3 months CRSN/A
6 months CRSN/A
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

PLX PHARMA INC / PLXP FAQ

Can you provide the ChartMill technical rating for PLX PHARMA INC?

ChartMill assigns a technical rating of 0 / 10 to PLXP.


What is the current trend direction of PLX PHARMA INC (PLXP) stock?

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 PLXP stock?

The MACD indicator for PLX PHARMA INC (PLXP) has a value of 0.00351528, indicating a bearish trend.


What is the short term momentum for PLXP stock?

The short term momentum for PLX PHARMA INC (PLXP) is neutral.