RXSIGHT INC (RXST) Technical Analysis
NASDAQ:RXST • US78349D1072
Current stock price
RXST Technical Rating and Analysis
Overall RXST gets a technical rating of 1 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 93% of all other stocks performed better in the past year than RXST.
- RXST is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 72% of 187 stocks in the same industry do better.
- 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 5.90 - 7.72 range, which is quite wide. It is currently trading near the high of this range.
RXST Weekly and Daily overview Charts
RXST Setup Rating and Analysis
Although the technical rating is bad, RXST does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.61. Right above this resistance zone may be a good entry point. 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
RXST Support and Resistance Analysis
7.02
We found 1 important resistance area.
- A resistance zone ranging from 7.61 to 7.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
RXST Technical Indicator Signal Analysis
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 | 7.21 | NEGATIVE | RXST has a low relative strength, it was outperformed by 92.79% 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) | 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) | 49.04 | NEUTRAL | The RSI value for RXST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests RXST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.13 | OVERBOUGHT | The high Stochastics value suggests RXST may be overbought. |
| Average True Range in percent/ATR (20) | 6.08 | HIGH VOLATILITY | The high ATR as a percentage value for RXST suggests high volalility. |
| Average Directional Index/ADX (14) | 19.36 | NEGATIVE | The low ADX value for RXST suggests a weak or negative trend. |
RXST Chart- and CandleStick Pattern Analysis
RXST Technicals: Chart, Performance Metrics, Trend & Indicators
7.09
-0.35 (-4.7%)
RXSIGHT INC / RXST TA FAQ
What is the ChartMill technical rating of RXSIGHT INC (RXST) stock?
ChartMill assigns a technical rating of 1 / 10 to RXST.
What is the trend direction for RXST stock?
The current trend direction for RXSIGHT INC (RXST) is Bearish.
What is the RSI signal for RXSIGHT INC (RXST) stock?
RXSIGHT INC (RXST) has an RSI value of 49.0392. This indicates that the stock is currently neutral.
What is the MACD signal for RXST stock?
The MACD indicator for RXSIGHT INC (RXST) has a value of 0.120029, indicating a bearish trend.
What is the support and resistance level for RXST stock?
RXSIGHT INC (RXST) has a resistance level at 7.61. Check the full technical report for our detailed analysis of RXST support and resistance levels.