PYXIS ONCOLOGY INC (PYXS) Technical Analysis
NASDAQ:PYXS • US7473241013
Current stock price
PYXS Technical Rating and Analysis
Taking everything into account, PYXS scores 2 out of 10 in our technical rating. Although PYXS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- PYXS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PYXS is lagging the market.
- In the last month PYXS has a been trading in the 1.33 - 1.70 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.
- Looking at the yearly performance, PYXS did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- PYXS is an average performer in the Biotechnology industry, it outperforms 68% of 519 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
PYXS Weekly and Daily overview Charts
PYXS Setup Rating and Analysis
Although the technical rating is bad, PYXS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.30, a Stop Loss order could be placed below this zone.
More info and screens
PYXS Support and Resistance Analysis
1.03
We found 4 important support areas.
- A support zone ranging from 1.30 to 1.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.18 from a trend line in the weekly time frame.
- Support @1.14 from a trend line in the weekly time frame.
- Support @1.04 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.49 to 1.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.55 from a horizontal line in the weekly time frame.
- Resistance @1.61 from a trend line in the daily time frame.
PYXS 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 | DOWN | NEGATIVE | The long term trend for PYXS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PYXS is down. |
| ChartMill Relative Strength | 87.19 | POSITIVE | PYXS has a high relative strength, it outperformed 87.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PYXS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PYXS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PYXS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.15 | NEUTRAL | The RSI value for PYXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PYXS has a negative trend. |
| Stochastics (14,3) | 19.82 | OVERSOLD | The low Stochastics value suggests PYXS may be oversold. |
| Average True Range in percent/ATR (20) | 7.79 | HIGH VOLATILITY | The high ATR as a percentage value for PYXS suggests high volalility. |
| Average Directional Index/ADX (14) | 12.68 | NEGATIVE | The low ADX value for PYXS suggests a weak or negative trend. |
PYXS Chart- and CandleStick Pattern Analysis
PYXS Technicals: Chart, Performance Metrics, Trend & Indicators
1.43
+0.07 (+5.15%)
PYXIS ONCOLOGY INC / PYXS TA FAQ
What is the technical rating for PYXS stock?
ChartMill assigns a technical rating of 2 / 10 to PYXS.
Can you provide the trend direction for PYXIS ONCOLOGY INC?
The current trend direction for PYXIS ONCOLOGY INC (PYXS) is Bearish.
Can you provide the RSI signal for PYXIS ONCOLOGY INC?
PYXIS ONCOLOGY INC (PYXS) has an RSI value of 45.1507. This indicates that the stock is currently neutral.
What is the short term momentum for PYXIS ONCOLOGY INC (PYXS) stock?
The short term momentum for PYXIS ONCOLOGY INC (PYXS) is negative.
What is the buy/sell signal for PYXIS ONCOLOGY INC (PYXS) stock?
The buy/sell signal for PYXIS ONCOLOGY INC (PYXS) is sell as both the short term and long term trends are negative.