RECURSION PHARMACEUTICALS-A (RXRX) Stock Technical Analysis
NASDAQ:RXRX - Nasdaq - US75629V1044 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to RXRX. Recently some decent action could be observed, but in the medium term time frame this is still negative. RXRX was also a bad performer in the overall market in the last year.
76% of all other stocks performed better in the past year than RXRX.
RXRX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
RXRX has an average volume of 29175400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RXRX is part of the Biotechnology industry. There are 556 other stocks in this industry, RXRX did better than 59% of them.
In the last month RXRX has a been trading in the 4.80 - 7.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RXRX has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.93
9.34
We found 3 important support areas.
- A support zone ranging from 5.43 to 5.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.26 from a trend line in the daily time frame.
- Support @3.97 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.55 to 6.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.25 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for RXRX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RXRX is up. |
| ChartMill Relative Strength | 24.02 | NEGATIVE | RXRX has a low relative strength, it was outperformed by 75.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RXRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RXRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RXRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.89 | NEUTRAL | The RSI value for RXRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests RXRX has a positive trend. |
| Stochastics (14,3) | 71.7 | NEUTRAL | The Stochastics value for RXRX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.09 | HIGH VOLATILITY | The high ATR as a percentage value for RXRX suggests high volalility. |
| Average Directional Index/ADX (14) | 30.69 | POSITIVE | The high ADX value value for RXRX 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)
6.54
+0.14 (+2.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.19%
1 Week25.29%
2 Weeks22.01%
1 Month35.4%
3 Month14.14%
6 Month-10.78%
12 Month-21.68%
2 Year-53.68%
3 Year-22.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%7.09%
ATR Inc119.45%
Range Today0.47
ADR(20)0.43
ADR(20)%6.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.02
Mansfield-0.53
10 Day High7.15
10 Day Low5.13
20 Day High7.15
20 Day Low4.8
52 Week High12.36
52 Week Low3.79
CS1 End5.49
CR1 Start6.55
Volume & EV
DER(3)4.27%
DER(5)6.87%
Volume37.48M
Volume Incr49.29%
Vol(5)43.45M
Vol(50)29.18M