RECURSION PHARMACEUTICALS-A (RXRX) Stock Technical Analysis
NASDAQ:RXRX - Nasdaq - US75629V1044 - Common Stock - Currency: USD
Taking everything into account, RXRX scores 2 out of 10 in our technical rating. RXRX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
80% 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.
In the last month RXRX has a been trading in the 4.22 - 6.07 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
RXRX has an average volume of 24759400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RXRX is an average performer in the Biotechnology industry, it outperforms 53% of 555 stocks in the same industry.
RXRX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.02, a Stop Loss order could be placed below this zone.
More info and screens
3.93
9.51
3 important support areas can be observed.
- A support zone ranging from 5.02 to 5.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.82 from a horizontal line in the daily time frame.
- Support @3.97 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 5.21 to 5.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.50 to 5.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.42 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 | DOWN | NEGATIVE | The long term trend for RXRX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RXRX is neutral. |
| ChartMill Relative Strength | 20.56 | NEGATIVE | RXRX has a low relative strength, it was outperformed by 79.44% 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) | DOWN | MIXED | The current price of RXRX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RXRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.67 | NEUTRAL | The RSI value for RXRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RXRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 28.82 | NEUTRAL | The Stochastics value for RXRX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.85 | HIGH VOLATILITY | The high ATR as a percentage value for RXRX suggests high volalility. |
| Average Directional Index/ADX (14) | 25 | 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)
5.13
+0.07 (+1.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.38%
1 Week-1.72%
2 Weeks2.6%
1 Month17.39%
3 Month20.99%
6 Month-34.23%
12 Month-29.92%
2 Year-63.67%
3 Year-39.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%8.85%
ATR Inc-6.51%
Range Today0.53
ADR(20)0.44
ADR(20)%8.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.56
Mansfield-2.64
10 Day High5.48
10 Day Low4.72
20 Day High6.07
20 Day Low4.22
52 Week High12.36
52 Week Low3.79
CS1 End5.02
CR1 Start5.5
Volume & EV
DER(3)2.8%
DER(5)2.72%
Volume38.01M
Volume Incr-1.02%
Vol(5)30.57M
Vol(50)24.76M