PYXIS TANKERS INC (PXS) Technical Analysis
NASDAQ:PXS • MHY717261306
Current stock price
PXS Technical Rating and Analysis
Overall PXS gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PXS is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- PXS 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 PXS is performing more or less in line with the market.
- Looking at the yearly performance, PXS did better than 90% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- PXS is an average performer in the Marine Transportation industry, it outperforms 67% of 35 stocks in the same industry.
- In the last month PXS has a been trading in the 3.68 - 4.69 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.
PXS Weekly and Daily overview Charts
PXS Setup Rating and Analysis
Besides having an excellent technical rating, PXS also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 4.35, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PXS 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
PXS Support and Resistance Analysis
2.55
When analyzing the support we can see 5 important areas.
- A support zone ranging from 4.31 to 4.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.79 to 3.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.93 from a trend line in the weekly time frame.
- Support @2.76 from a horizontal line in the daily time frame.
- Support @2.58 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 4.36 to 4.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.52 to 4.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
PXS 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 PXS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PXS is up. |
| ChartMill Relative Strength | 90.45 | POSITIVE | PXS has a high relative strength, it outperformed 90.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PXS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PXS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PXS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.56 | NEUTRAL | The RSI value for PXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PXS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.65 | NEUTRAL | The Stochastics value for PXS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.78 | HIGH VOLATILITY | The high ATR as a percentage value for PXS suggests high volalility. |
| Average Directional Index/ADX (14) | 31.96 | POSITIVE | The high ADX value value for PXS suggests a strong trend. |
PXS Chart- and CandleStick Pattern Analysis
PXS Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.43 | 4.30 | 0.13 (2.93%) | 25.00% |
| An entry @4.43. This is a Buy Stop order right above the resistance zone. | An exit @4.30. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.13 points, which is 2.93%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.73%. |
- The distance between exit and entry is rather small compared to the average daily movement of PXS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PXS Technicals: Chart, Performance Metrics, Trend & Indicators
4.36
+0.06 (+1.4%)
PYXIS TANKERS INC / PXS TA FAQ
Can you provide the ChartMill technical rating for PYXIS TANKERS INC?
ChartMill assigns a technical rating of 9 / 10 to PXS.
Can you provide the trend direction for PYXIS TANKERS INC?
The current trend direction for PYXIS TANKERS INC (PXS) is Bullish.
What is the RSI signal for PXS stock?
PYXIS TANKERS INC (PXS) has an RSI value of 57.5557. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PYXIS TANKERS INC?
The MACD indicator for PYXIS TANKERS INC (PXS) has a value of -0.0205987, indicating a bearish trend.
What is the short term momentum for PXS stock?
The short term momentum for PYXIS TANKERS INC (PXS) is positive.