PRAXIS PRECISION MEDICINES I (PRAX)
US74006W2070 - Common Stock
Taking everything into account, PRAX scores 4 out of 10 in our technical rating. PRAX was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month PRAX has a been trading in the 43.85 - 58.41 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.
When comparing the yearly performance of all stocks, we notice that PRAX is one of the better performing stocks in the market, outperforming 97% of all stocks.
PRAX is part of the Biotechnology industry. There are 587 other stocks in this industry. PRAX outperforms 94% of them.
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.
PRAX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PRAX is lagging the market.
PRAX has an average technical rating and it also does not offer a high quality setup 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
43.55
60.43
We found 1 important support area.
- Support @43.99 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @53.85 from a trend line in the daily time frame.
- Resistance @59.83 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.87
Mansfield3.96
10 Day High56.72
10 Day Low43.85
20 Day High58.41
20 Day Low43.85
52 Week High67.21
52 Week Low12.45
Performance
1 Week-9.74%
2 Weeks-16.53%
1 Month-2.96%
3 Month8.13%
6 Month192.62%
12 Month192.62%
2 Year-63.69%
3 Year-84.61%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.98
RSI(14)37.7
LBB42.45
UBB59.13
PRAXIS PRECISION MEDICINES I
NASDAQ:PRAX (5/16/2024, 7:11:55 PM)
After market: 45.21 0 (0%)45.21
+1.21 (+2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.75%
1 Week-9.74%
2 Weeks-16.53%
1 Month-2.96%
3 Month8.13%
6 Month192.62%
12 Month192.62%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.04
ATR(20)%7.2%
ATR Inc
Range Today2.42
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High56.72
10 Day Low43.85
20 Day High58.41
20 Day Low43.85
52 Week High67.21
52 Week Low12.45
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume499.60K
Volume Incr100.57%
Vol(5)410.14K
Vol(50)265.75K