XORTX THERAPEUTICS INC (XRTX) Stock Technical Analysis
USA - NASDAQ:XRTX - CA98420Q3061 - Common Stock
Taking everything into account, XRTX scores 0 out of 10 in our technical rating. XRTX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
XRTX has a poor technical rating and the quality of the setup is also only medium 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
0.58
4 important resistance areas can be observed.
- Resistance @0.90 from a trend line in the weekly time frame.
- Resistance @1.03 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.07 to 1.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.11 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 XRTX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XRTX is down. |
| ChartMill Relative Strength | 5.29 | NEGATIVE | XRTX has a low relative strength, it was outperformed by 94.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XRTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XRTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XRTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.85 | NEUTRAL | The RSI value for XRTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests XRTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.57 | OVERSOLD | The low Stochastics value suggests XRTX may be oversold. |
| Average True Range in percent/ATR (20) | 17.93 | HIGH VOLATILITY | The high ATR as a percentage value for XRTX suggests high volalility. |
| Average Directional Index/ADX (14) | 19.51 | NEGATIVE | The low ADX value for XRTX suggests a weak or negative trend. |
0.587
-0.01 (-1.34%)
XORTX THERAPEUTICS INC / XRTX FAQ
What is the ChartMill technical rating of XORTX THERAPEUTICS INC (XRTX) stock?
ChartMill assigns a technical rating of 0 / 10 to XRTX.
What is the trend direction for XRTX stock?
The current trend direction for XORTX THERAPEUTICS INC (XRTX) is Bearish.
What is the RSI signal for XRTX stock?
XORTX THERAPEUTICS INC (XRTX) has an RSI value of 38.8474. This indicates that the stock is currently neutral.
What is the short term momentum for XRTX stock?
The short term momentum for XORTX THERAPEUTICS INC (XRTX) is negative.
What are the support and resistance levels for XORTX THERAPEUTICS INC (XRTX) stock?
XORTX THERAPEUTICS INC (XRTX) has a resistance level at 0.9. Check the full technical report for our detailed analysis of XRTX support and resistance levels.