PRAXIS PRECISION MEDICINES I (PRAX) Technical Analysis
NASDAQ:PRAX • US74006W2070
Current stock price
PRAX Technical Rating and Analysis
Taking everything into account, PRAX scores 5 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month PRAX has a been trading in the 285.00 - 356.00 range, which is quite wide. It is currently trading near the lows of this range.
- PRAX is part of the Biotechnology industry. There are 517 other stocks in this industry. PRAX outperforms 98% of them.
- PRAX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PRAX is performing more or less in line with the market.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the yearly performance of all stocks, we notice that PRAX is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
PRAX Weekly and Daily overview Charts
PRAX Setup Rating and Analysis
PRAX has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 293.94, a Stop Loss order could be placed below this zone.
More info and screens
PRAX Support and Resistance Analysis
285.89
We found 1 important support area.
- A support zone ranging from 288.78 to 293.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 301.86 to 305.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
PRAX 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 | UP | POSITIVE | The long term trend for PRAX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PRAX is down. |
| ChartMill Relative Strength | 99.55 | POSITIVE | PRAX has a high relative strength, it outperformed 99.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRAX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PRAX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRAX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.14 | NEUTRAL | The RSI value for PRAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.54 | NEGATIVE | The MACD value suggests PRAX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.39 | OVERSOLD | The low Stochastics value suggests PRAX may be oversold. |
| Average True Range in percent/ATR (20) | 6.3 | HIGH VOLATILITY | The high ATR as a percentage value for PRAX suggests high volalility. |
| Average Directional Index/ADX (14) | 26.89 | POSITIVE | The high ADX value value for PRAX suggests a strong trend. |
PRAX Chart- and CandleStick Pattern Analysis
PRAX Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:PRAX (3/20/2026, 12:49:28 PM)
300.665
+3.17 (+1.06%)
PRAXIS PRECISION MEDICINES I / PRAX TA FAQ
What is the ChartMill technical rating of PRAXIS PRECISION MEDICINES I (PRAX) stock?
ChartMill assigns a technical rating of 5 / 10 to PRAX.
What is the current trend direction of PRAXIS PRECISION MEDICINES I (PRAX) stock?
The current trend direction for PRAXIS PRECISION MEDICINES I (PRAX) is Bullish.
What is the RSI signal for PRAX stock?
PRAXIS PRECISION MEDICINES I (PRAX) has an RSI value of 43.1378. This indicates that the stock is currently neutral.
What is the MACD signal for PRAX stock?
The MACD indicator for PRAXIS PRECISION MEDICINES I (PRAX) has a value of -3.53696, indicating a bearish trend.
What is the support and resistance level for PRAX stock?
PRAXIS PRECISION MEDICINES I (PRAX) has a support level at 293.94 and a resistance level at 301.86. Check the full technical report for our detailed analysis of PRAX support and resistance levels.