PAXMEDICA INC (PXMD) Stock Technical Analysis
NASDAQ:PXMD - US70424C2035 - Common Stock
0.6883 USD
-0.06 (-7.61%)
0.37 USD
-0.32 (-46.24%)
Overall PXMD gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. PXMD was also a bad performer in the overall market in the last year.
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, PXMD is a bad performer in the overall market: 89% of all stocks are doing better.
PXMD is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, of which 65% are performing better than PXMD.
PXMD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
PXMD has an average volume of 3015070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PXMD has a been trading in the 0.40 - 1.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, PXMD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for PXMD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.41
0.84
3 important support areas can be observed.
- A support zone ranging from 0.68 to 0.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.53 from a trend line in the weekly time frame.
- Support @0.41 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.75 from a horizontal line in the daily time frame.
- Resistance @0.83 from a trend line in the daily time frame.
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 PXMD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PXMD is neutral. |
| ChartMill Relative Strength | 11.79 | NEGATIVE | PXMD has a low relative strength, it was outperformed by 88.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PXMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PXMD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PXMD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.05 | NEUTRAL | The RSI value for PXMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PXMD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.1 | NEUTRAL | The Stochastics value for PXMD is a neutral value. |
| Average True Range in percent/ATR (20) | 18.97 | HIGH VOLATILITY | The high ATR as a percentage value for PXMD suggests high volalility. |
| Average Directional Index/ADX (14) | 31.69 | POSITIVE | The high ADX value value for PXMD suggests a strong 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)
0.6883
-0.06 (-7.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-7.61%
1 Week-0.53%
2 Weeks-13.95%
1 Month27.7%
3 Month43.4%
6 Month-73.53%
12 Month-97.28%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%18.97%
ATR Inc-47.58%
Range Today0.12
ADR(20)0.11
ADR(20)%16.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.79
Mansfield-9.08
10 Day High0.85
10 Day Low0.65
20 Day High1.19
20 Day Low0.4
52 Week High29.75
52 Week Low0.37
CS1 End0.68
CR1 Start0.75
Volume & EV
DER(3)5.65%
DER(5)1.71%
Volume1.21M
Volume Incr-93.26%
Vol(5)467.96K
Vol(50)3.02M