RXSIGHT INC (RXST) Stock Technical Analysis
NASDAQ:RXST - Nasdaq - US78349D1072 - Common Stock - Currency: USD
Taking everything into account, RXST scores 0 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, RXST is a bad performer in the overall market: 99% of all stocks are doing better.
RXST is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 89% 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.
RXST has an average volume of 1294760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month RXST has a been trading in the 7.16 - 8.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, RXST does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 7.98. Right above this resistance zone may be a good entry point.
More info and screens
7.47
8.07
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.98 to 7.99. 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 | 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 | 1.36 | NEGATIVE | RXST has a low relative strength, it was outperformed by 98.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RXST is below 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) | 29.11 | OVERSOLD | The low RSI value suggests RXST may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests RXST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.56 | NEUTRAL | The Stochastics value for RXST is a neutral value. |
| Average True Range in percent/ATR (20) | 5.64 | HIGH VOLATILITY | The high ATR as a percentage value for RXST suggests high volalility. |
| Average Directional Index/ADX (14) | 38.06 | POSITIVE | The high ADX value value for RXST 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)
7.55
-0.1 (-1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.31%
1 Week-5.39%
2 Weeks-4.43%
1 Month-5.03%
3 Month-42.19%
6 Month-77.15%
12 Month-85.12%
2 Year-73.97%
3 Year-39.65%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%5.64%
ATR Inc-23.01%
Range Today0.27
ADR(20)0.42
ADR(20)%5.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.36
Mansfield-7.73
10 Day High8.31
10 Day Low7.52
20 Day High8.5
20 Day Low7.16
52 Week High58.23
52 Week Low6.32
CS1 EndN/A
CR1 Start7.98
Volume & EV
DER(3)2.53%
DER(5)2.93%
Volume858.37K
Volume Incr-60.68%
Vol(5)861.20K
Vol(50)1.29M