RXSIGHT INC (RXST) Stock Technical Analysis
NASDAQ:RXST • US78349D1072
Overall RXST gets a technical rating of 0 out of 10. RXST'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 negative, as is the long term trend. There should be more interesting stocks out there.
- 94% of all other stocks performed better in the past year than RXST.
- RXST is part of the Health Care Equipment & Supplies industry. There are 185 other stocks in this industry, of which 72% are performing better than RXST.
- RXST is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month RXST has a been trading in the 7.65 - 9.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RXST has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
7.71
2 important support areas can be observed.
- Support @8.03 from a horizontal line in the weekly time frame.
- A support zone ranging from 7.79 to 7.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.64 to 8.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.92 from a trend 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 RXST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RXST is down. |
| ChartMill Relative Strength | 6.9 | NEGATIVE | RXST has a low relative strength, it was outperformed by 93.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RXST is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RXST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RXST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.35 | NEUTRAL | The RSI value for RXST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests RXST has a positive trend. |
| Stochastics (14,3) | 48.47 | NEUTRAL | The Stochastics value for RXST is a neutral value. |
| Average True Range in percent/ATR (20) | 5.93 | HIGH VOLATILITY | The high ATR as a percentage value for RXST suggests high volalility. |
| Average Directional Index/ADX (14) | 21.74 | NEUTRAL | The ADX value for RXST suggests a possible start of a new trend. |
8.63
+0.23 (+2.74%)
RXSIGHT INC / RXST FAQ
What is the ChartMill technical rating of RXSIGHT INC (RXST) stock?
ChartMill assigns a technical rating of 0 / 10 to RXST.
What is the trend direction for RXST stock?
The current trend direction for RXSIGHT INC (RXST) is Bearish.
Can you provide the RSI signal for RXSIGHT INC?
RXSIGHT INC (RXST) has an RSI value of 46.35. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RXSIGHT INC?
The MACD indicator for RXSIGHT INC (RXST) has a value of 0.11062, indicating a bearish trend.
Can you provide the short term momentum for RXSIGHT INC?
The short term momentum for RXSIGHT INC (RXST) is negative.