CHINA SXT PHARMACEUTICALS-A (SXTC) Technical Analysis
NASDAQ:SXTC • VGG2161P1650
Current stock price
SXTC Technical Rating and Analysis
Taking everything into account, SXTC scores 1 out of 10 in our technical rating. SXTC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 99% of all other stocks performed better in the past year than SXTC.
- SXTC is one of the lesser performing stocks in the Pharmaceuticals industry. 87% of 191 stocks in the same industry do better.
- SXTC 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.
- In the last month SXTC has a been trading in the 1.80 - 2.58 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Considerably lower volume is observed in the last couple of days.
SXTC Weekly and Daily overview Charts
SXTC Setup Rating and Analysis
SXTC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
SXTC Support and Resistance Analysis
1.83
When analyzing the support we notice one important area.
- Support @1.85 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.27 from a trend line in the daily time frame.
- A resistance zone ranging from 2.33 to 2.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
SXTC 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 SXTC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SXTC is down. |
| ChartMill Relative Strength | 1.21 | NEGATIVE | SXTC has a low relative strength, it was outperformed by 98.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SXTC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SXTC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SXTC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35 | NEUTRAL | The RSI value for SXTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests SXTC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.62 | NEUTRAL | The Stochastics value for SXTC is a neutral value. |
| Average True Range in percent/ATR (20) | 8.92 | HIGH VOLATILITY | The high ATR as a percentage value for SXTC suggests high volalility. |
| Average Directional Index/ADX (14) | 51.37 | POSITIVE | The high ADX value value for SXTC suggests a strong trend. |
SXTC Chart- and CandleStick Pattern Analysis
SXTC Technicals: Chart, Performance Metrics, Trend & Indicators
2.07
+0.01 (+0.49%)
CHINA SXT PHARMACEUTICALS-A / SXTC TA FAQ
What is the ChartMill technical rating of CHINA SXT PHARMACEUTICALS-A (SXTC) stock?
ChartMill assigns a technical rating of 1 / 10 to SXTC.
What is the trend direction for SXTC stock?
The current trend direction for CHINA SXT PHARMACEUTICALS-A (SXTC) is Bearish.
Can you provide the RSI signal for CHINA SXT PHARMACEUTICALS-A?
CHINA SXT PHARMACEUTICALS-A (SXTC) has an RSI value of 35.0018. This indicates that the stock is currently neutral.
What is the short term momentum for CHINA SXT PHARMACEUTICALS-A (SXTC) stock?
The short term momentum for CHINA SXT PHARMACEUTICALS-A (SXTC) is negative.
What are the support and resistance levels for CHINA SXT PHARMACEUTICALS-A (SXTC) stock?
CHINA SXT PHARMACEUTICALS-A (SXTC) has a support level at 1.85 and a resistance level at 2.27. Check the full technical report for our detailed analysis of SXTC support and resistance levels.