Logo image of PXMD

PAXMEDICA INC (PXMD) Stock Technical Analysis

NASDAQ:PXMD - Nasdaq - US70424C2035 - Common Stock - Currency: USD

0.6883  -0.06 (-7.61%)

After market: 0.37 -0.32 (-46.24%)

Technical Rating and Analysis

3

Taking everything into account, PXMD scores 3 out of 10 in our technical rating. In the past year, PXMD was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
89% of all other stocks performed better in the past year than PXMD.
PXMD 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.
PXMD has an average volume of 3015070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PXMD is an average performer in the Pharmaceuticals industry, it outperforms 40% of 194 stocks in the same industry.
In the last month PXMD has a been trading in the 0.40 - 1.19 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.
Weekly and Daily overview Charts
PAXMEDICA INC / PXMD Weekly stock chart
PAXMEDICA INC / PXMD Daily stock chart
Setup Rating and Analysis

6

PXMD 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. We notice that large players showed an interest for PXMD 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.
Support and Resistance Analysis

0.41

0.84

3 important support areas can be observed.

  • A support zone ranging from 0.68 to 0.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.53 from a trend line in the weekly time frame.
  • Support @0.41 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @0.75 from a horizontal line in the daily time frame.
  • Resistance @0.83 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.79
Mansfield-9.08
10 Day High0.85
10 Day Low0.65
20 Day High1.19
20 Day Low0.4
52 Week High29.75
52 Week Low0.37
Performance
1 Week-0.53%
2 Weeks-13.95%
1 Month27.7%
3 Month43.4%
6 Month-73.53%
12 Month-97.28%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)52.05
LBB0.65
UBB0.83
PAXMEDICA INC / PXMD Daily stock chart

PAXMEDICA INC

NASDAQ:PXMD (5/1/2024, 8:18:16 PM)

After market: 0.37 -0.32 (-46.24%)

0.6883

-0.06 (-7.61%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-7.61%
1 Week-0.53%
2 Weeks-13.95%
1 Month27.7%
3 Month43.4%
6 Month-73.53%
12 Month-97.28%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%18.97%
ATR Inc-47.58%
Range Today0.12
ADR(20)0.11
ADR(20)%16.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.79
Mansfield-9.08
10 Day High0.85
10 Day Low0.65
20 Day High1.19
20 Day Low0.4
52 Week High29.75
52 Week Low0.37
CS1 End0.68
CR1 Start0.75
Volume & EV
DER(3)5.65%
DER(5)1.71%
Volume1.21M
Volume Incr-93.26%
Vol(5)467.96K
Vol(50)3.02M