RXSIGHT INC (RXST) Stock Technical Analysis
USA - NASDAQ:RXST - US78349D1072 - Common Stock
Taking everything into account, RXST scores 2 out of 10 in our technical rating. In the past year, RXST was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of RXST is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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7.57
When analyzing the support we can see 3 important areas.
- Support @8.33 from a horizontal line in the daily time frame.
- Support @7.91 from a trend line in the daily time frame.
- Support @7.65 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @9.42 from a horizontal line in the weekly time frame.
- Resistance @10.03 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 RXST is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RXST is neutral. |
| ChartMill Relative Strength | 11.52 | NEGATIVE | RXST has a low relative strength, it was outperformed by 88.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RXST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RXST is above the rising 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) | 59.6 | NEUTRAL | The RSI value for RXST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests RXST has a positive trend. |
| Stochastics (14,3) | 44.01 | NEUTRAL | The Stochastics value for RXST is a neutral value. |
| Average True Range in percent/ATR (20) | 6.04 | HIGH VOLATILITY | The high ATR as a percentage value for RXST suggests high volalility. |
| Average Directional Index/ADX (14) | 14.37 | NEGATIVE | The low ADX value for RXST suggests a weak or negative trend. |
9.37
+0.76 (+8.83%)
RXSIGHT INC / RXST FAQ
What is the ChartMill technical rating of RXSIGHT INC (RXST) stock?
ChartMill assigns a technical rating of 2 / 10 to RXST.
Can you provide the trend direction for RXSIGHT INC?
The current trend direction for RXSIGHT INC (RXST) is Bearish.
What is the RSI signal for RXST stock?
RXSIGHT INC (RXST) has an RSI value of 59.5966. This indicates that the stock is currently neutral.
What is the short term momentum for RXST stock?
The short term momentum for RXSIGHT INC (RXST) is neutral.
What are the support and resistance levels for RXSIGHT INC (RXST) stock?
RXSIGHT INC (RXST) has a support level at 8.33 and a resistance level at 9.42. Check the full technical report for our detailed analysis of RXST support and resistance levels.