RECURSION PHARMACEUTICALS-A (RXRX) Technical Analysis
NASDAQ:RXRX • US75629V1044
Taking everything into account, RXRX scores 0 out of 10 in our technical rating. RXRX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, RXRX is a bad performer in the overall market: 90% of all stocks are doing better.
- RXRX is part of the Biotechnology industry. There are 519 other stocks in this industry, of which 72% are performing better than RXRX.
- RXRX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RXRX is lagging the market.
- RXRX has an average volume of 19957300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month RXRX has a been trading in the 2.98 - 4.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RXRX has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
3.39
When analyzing the resistance we notice 3 important areas.
- Resistance @3.78 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.90 to 4.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.92 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for RXRX is down. |
| ChartMill Relative Strength | 10.16 | NEGATIVE | RXRX has a low relative strength, it was outperformed by 89.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RXRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RXRX is below 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) | 41.26 | 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. |
| Stochastics (14,3) | 17.22 | OVERSOLD | The low Stochastics value suggests RXRX may be oversold. |
| Average True Range in percent/ATR (20) | 7.61 | HIGH VOLATILITY | The high ATR as a percentage value for RXRX suggests high volalility. |
| Average Directional Index/ADX (14) | 19.99 | NEGATIVE | The low ADX value for RXRX suggests a weak or negative trend. |
RXRX Technicals: Chart, Performance Metrics, Trend & Indicators
3.42
+0.13 (+3.95%)
RECURSION PHARMACEUTICALS-A / RXRX FAQ
What is the ChartMill technical rating of RECURSION PHARMACEUTICALS-A (RXRX) stock?
ChartMill assigns a technical rating of 0 / 10 to RXRX.
What is the trend direction for RXRX stock?
The current trend direction for RECURSION PHARMACEUTICALS-A (RXRX) is Bearish.
Can you provide the RSI signal for RECURSION PHARMACEUTICALS-A?
RECURSION PHARMACEUTICALS-A (RXRX) has an RSI value of 41.2602. This indicates that the stock is currently neutral.
Can you provide the short term momentum for RECURSION PHARMACEUTICALS-A?
The short term momentum for RECURSION PHARMACEUTICALS-A (RXRX) is negative.
What is the support and resistance level for RXRX stock?
RECURSION PHARMACEUTICALS-A (RXRX) has a resistance level at 3.78. Check the full technical report for our detailed analysis of RXRX support and resistance levels.