RXSIGHT INC (RXST) Stock Technical Analysis
NASDAQ:RXST - Nasdaq - US78349D1072 - Common Stock - Currency: USD
Overall RXST gets a technical rating of 1 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.
98% of all other stocks performed better in the past year than RXST.
RXST is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, of which 88% are performing better than RXST.
RXST is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RXST is lagging the market.
RXST has an average volume of 1156450 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 13.21 - 16.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
12.92
16.40
When analyzing the support we notice one important area.
- A support zone ranging from 13.05 to 13.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 14.93 to 15.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 15.46 to 15.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @15.86 from a horizontal line in the weekly time frame.
- Resistance @16.24 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 | DOWN | NEGATIVE | The short term trend for RXST is down. |
| ChartMill Relative Strength | 2.2 | NEGATIVE | RXST has a low relative strength, it was outperformed by 97.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RXST is below 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) | 40.63 | NEUTRAL | The RSI value for RXST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests RXST has a negative trend. |
| Stochastics (14,3) | 10.88 | OVERSOLD | The low Stochastics value suggests RXST may be oversold. |
| Average True Range in percent/ATR (20) | 6.38 | HIGH VOLATILITY | The high ATR as a percentage value for RXST suggests high volalility. |
| Average Directional Index/ADX (14) | 14.5 | NEGATIVE | The low ADX value for RXST suggests a weak or negative 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)
14.21
-0.06 (-0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.42%
1 Week-5.52%
2 Weeks-7.06%
1 Month6.76%
3 Month-45.01%
6 Month-61.9%
12 Month-75.45%
2 Year-50.66%
3 Year0.92%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%6.38%
ATR Inc19.42%
Range Today1.08
ADR(20)0.85
ADR(20)%5.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.2
Mansfield-6.31
10 Day High16.36
10 Day Low13.8
20 Day High16.74
20 Day Low13.22
52 Week High60.81
52 Week Low12.53
CS1 End13.05
CR1 Start14.93
Volume & EV
DER(3)-1.18%
DER(5)-0.71%
Volume555.20K
Volume Incr-40.65%
Vol(5)567.12K
Vol(50)1.16M