PROMETHEUS BIOSCIENCES INC (RXDX) Technical Analysis
NASDAQ:RXDX • US74349U1088
Current stock price
RXDX Technical Rating and Analysis
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.
- The long and short term trends are both positive. This is looking good!
- 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 part of the Biotechnology industry. There are 515 other stocks in this industry. RXDX outperforms 99% of them.
- RXDX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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 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.
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.
What is the RSI signal for RXDX stock?
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 RXDX stock?
The MACD indicator for PROMETHEUS BIOSCIENCES INC (RXDX) has a value of -1.21259, indicating a bearish trend.
Can you provide the support and resistance levels for PROMETHEUS BIOSCIENCES INC?
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.