PROMETHEUS BIOSCIENCES INC (RXDX) Technical Analysis
NASDAQ:RXDX • US74349U1088
Taking everything into account, RXDX scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, RXDX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that RXDX is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by RXDX over the past year are nicely spread over this period.
- RXDX is one of the better performing stocks in the Biotechnology industry, it outperforms 99% of 520 stocks in the same industry.
- A new 52 week high is currently being made by RXDX, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- 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.
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
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.
We found 1 important resistance 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.
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 Technicals: Chart, Performance Metrics, Trend & Indicators
199.92
+0.18 (+0.09%)
PROMETHEUS BIOSCIENCES INC / RXDX 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.