60 DEGREES PHARMA INC (SXTP) Technical Analysis
NASDAQ:SXTP • US83006G5009
Current stock price
SXTP Technical Rating and Analysis
Overall SXTP gets a technical rating of 0 out of 10. SXTP'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 96% of all other stocks performed better in the past year than SXTP.
- SXTP is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, of which 77% are performing better than SXTP.
- SXTP 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 SXTP is lagging the market.
- In the last month SXTP has a been trading in the 1.82 - 3.55 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- SXTP has an average volume of 5605640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
SXTP Weekly and Daily overview Charts
SXTP Setup Rating and Analysis
SXTP 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. There is a support zone below the current price at 1.86, a Stop Loss order could be placed below this zone.
More info and screens
SXTP Support and Resistance Analysis
1.84
We found 1 important support area.
- A support zone ranging from 1.86 to 1.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.74 from a trend line in the daily time frame.
- Resistance @3.63 from a trend line in the weekly time frame.
- Resistance @3.84 from a trend line in the daily time frame.
SXTP 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 SXTP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SXTP is down. |
| ChartMill Relative Strength | 4.58 | NEGATIVE | SXTP has a low relative strength, it was outperformed by 95.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SXTP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SXTP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SXTP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.82 | NEUTRAL | The RSI value for SXTP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SXTP has a negative trend. |
| Stochastics (14,3) | 9.92 | OVERSOLD | The low Stochastics value suggests SXTP may be oversold. |
| Average True Range in percent/ATR (20) | 19.31 | HIGH VOLATILITY | The high ATR as a percentage value for SXTP suggests high volalility. |
| Average Directional Index/ADX (14) | 15.81 | NEGATIVE | The low ADX value for SXTP suggests a weak or negative trend. |
SXTP Chart- and CandleStick Pattern Analysis
SXTP Technicals: Chart, Performance Metrics, Trend & Indicators
1.95
+0.02 (+1.04%)
60 DEGREES PHARMA INC / SXTP TA FAQ
What is the technical rating for SXTP stock?
ChartMill assigns a technical rating of 0 / 10 to SXTP.
What is the current trend direction of 60 DEGREES PHARMA INC (SXTP) stock?
The current trend direction for 60 DEGREES PHARMA INC (SXTP) is Bearish.
What is the RSI signal for SXTP stock?
60 DEGREES PHARMA INC (SXTP) has an RSI value of 38.8163. This indicates that the stock is currently neutral.
Can you provide the MACD signal for 60 DEGREES PHARMA INC?
The MACD indicator for 60 DEGREES PHARMA INC (SXTP) has a value of -0.0272342, indicating a bearish trend.
Can you provide the buy/sell signal for 60 DEGREES PHARMA INC?
The buy/sell signal for 60 DEGREES PHARMA INC (SXTP) is sell as both the short term and long term trends are negative.