Overall RXST gets a technical rating of 0 out of 10. RXST scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 90% of all other stocks performed better in the past year than RXST.
- RXST is part of the Health Care Equipment & Supplies industry. There are 186 other stocks in this industry, of which 64% are performing better than RXST.
- RXST 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 RXST has a been trading in the 8.64 - 11.59 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 support zone below the current price at 8.95, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RXST in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.96
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.83 to 8.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.04 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.08 to 10.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.39 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 | 10.65 | NEGATIVE | RXST has a low relative strength, it was outperformed by 89.35% 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) | 39.97 | NEUTRAL | The RSI value for RXST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests RXST has a negative trend. |
| Stochastics (14,3) | 48.95 | NEUTRAL | The Stochastics value for RXST is a neutral value. |
| Average True Range in percent/ATR (20) | 6.61 | HIGH VOLATILITY | The high ATR as a percentage value for RXST suggests high volalility. |
| Average Directional Index/ADX (14) | 26.41 | POSITIVE | The high ADX value value for RXST suggests a strong trend. |
9.51
-0.35 (-3.55%)
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 39.9709. 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 -0.0156314, indicating a bearish trend.
Can you provide the short term momentum for RXSIGHT INC?
The short term momentum for RXSIGHT INC (RXST) is negative.