PROMETHEUS BIOSCIENCES INC (RXDX) Technical Analysis
NASDAQ:RXDX • US74349U1088
Current stock price
RXDX Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to RXDX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RXDX is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, RXDX did better than 99% of all other stocks. We also observe that the gains produced by RXDX over the past year are nicely spread over this period.
- RXDX is part of the Biotechnology industry. There are 517 other stocks in this industry. RXDX outperforms 99% of them.
- A new 52 week high is currently being made by RXDX, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so RXDX is leading the market.
- RXDX has an average volume of 1432440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month RXDX has a been trading in a tight range between 192.16 and 199.98.
RXDX Weekly and Daily overview Charts
RXDX Setup Rating and Analysis
Although RXDX has an excellent technical rating, it 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
RXDX Support and Resistance Analysis
105.12
We found 4 important support areas.
- A support zone ranging from 192.49 to 193.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @164.17 from a trend line in the daily time frame.
- Support @109.89 from a trend line in the daily time frame.
- Support @106.18 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 199.93 to 199.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
RXDX 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 RXDX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RXDX is up. |
| ChartMill Relative Strength | 99.86 | POSITIVE | RXDX has a high relative strength, it outperformed 99.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RXDX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RXDX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RXDX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 84.04 | OVERBOUGHT | The high RSI value suggests RXDX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.21 | NEGATIVE | The MACD value suggests RXDX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 90.32 | OVERBOUGHT | The high Stochastics value suggests RXDX may be overbought. |
| Average True Range in percent/ATR (20) | 0.32 | LOW VOLATILITY | The low ATR as a percentage value for RXDX suggests low volalility. |
| Average Directional Index/ADX (14) | 57.34 | POSITIVE | The high ADX value value for RXDX suggests a strong trend. |
RXDX Chart- and CandleStick Pattern Analysis
RXDX Technicals: Chart, Performance Metrics, Trend & Indicators
199.92
+0.18 (+0.09%)
PROMETHEUS BIOSCIENCES INC / RXDX TA FAQ
Can you provide the ChartMill technical rating for PROMETHEUS BIOSCIENCES INC?
ChartMill assigns a technical rating of 10 / 10 to RXDX.
What is the trend direction for RXDX stock?
The current trend direction for PROMETHEUS BIOSCIENCES INC (RXDX) is Bullish.
Can you provide the RSI signal for PROMETHEUS BIOSCIENCES INC?
PROMETHEUS BIOSCIENCES INC (RXDX) has an RSI value of 84.0362. This indicates that the stock is currently overbought.
What is the MACD signal for PROMETHEUS BIOSCIENCES INC (RXDX) stock?
The MACD indicator for PROMETHEUS BIOSCIENCES INC (RXDX) has a value of -1.21259, indicating a bearish trend.
What is the short term momentum for PROMETHEUS BIOSCIENCES INC (RXDX) stock?
The short term momentum for PROMETHEUS BIOSCIENCES INC (RXDX) is positive.