PROMETHEUS BIOSCIENCES INC (RXDX) Stock Technical Analysis
USA - NASDAQ:RXDX - US74349U1088 - Common Stock
Overall RXDX gets a technical rating of 10 out of 10. 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.
Although RXDX has an excellent technical rating, it does not present a decent entry opportunity 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.
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105.12
4 important support areas can be observed.
- 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.
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. |
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 current trend direction of PROMETHEUS BIOSCIENCES INC (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.
Can you provide the buy/sell signal for PROMETHEUS BIOSCIENCES INC?
The buy/sell signal for PROMETHEUS BIOSCIENCES INC (RXDX) is buy as both the short term and long term trends are positive.
What is the support and resistance level for RXDX stock?
PROMETHEUS BIOSCIENCES INC (RXDX) has a support level at 193.95 and a resistance level at 199.93. Check the full technical report for our detailed analysis of RXDX support and resistance levels.