PROMETHEUS BIOSCIENCES INC (RXDX) Stock Technical Analysis
NASDAQ:RXDX - Nasdaq - US74349U1088 - Common Stock - Currency: USD
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.
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 555 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 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
105.12
201.93
When analyzing the support we can see 4 important 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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
199.92
+0.18 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.09%
1 Week0.47%
2 Weeks0.64%
1 Month3.62%
3 Month77.52%
6 Month83.82%
12 Month684.31%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%0.32%
ATR Inc135.77%
Range Today0.38
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.86
Mansfield8.87
10 Day High199.98
10 Day Low198.6
20 Day High199.98
20 Day Low192.16
52 Week High199.98
52 Week Low25.65
CS1 End193.95
CR1 Start199.93
Volume & EV
DER(3)-0.33%
DER(5)-1.44%
Volume1.86M
Volume Incr71.25%
Vol(5)1.73M
Vol(50)1.43M