PYXIS ONCOLOGY INC (PYXS) Stock Technical Analysis
NASDAQ:PYXS - Nasdaq - US7473241013 - Common Stock - Currency: USD
Overall PYXS gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. PYXS was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, PYXS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.27. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for PYXS in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.06
We found 1 important support area.
- A support zone ranging from 1.07 to 1.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.27 to 1.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for PYXS is up. |
| ChartMill Relative Strength | 11.5 | NEGATIVE | PYXS has a low relative strength, it was outperformed by 88.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PYXS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PYXS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PYXS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.26 | NEUTRAL | The RSI value for PYXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PYXS has a positive trend. |
| Stochastics (14,3) | 90.91 | OVERBOUGHT | The high Stochastics value suggests PYXS may be overbought. |
| Average True Range in percent/ATR (20) | 7.68 | HIGH VOLATILITY | The high ATR as a percentage value for PYXS suggests high volalility. |
| Average Directional Index/ADX (14) | 29.53 | POSITIVE | The high ADX value value for PYXS suggests a strong trend. |
1.25
+0.05 (+4.17%)