Question 1

What implications does the 10-day RSI indicator have for LXRX?

Accepted Answer

The RSI Oscillator for LXRX moved out of oversold territory on August 06, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 43 similar instances when the indicator left oversold territory. In 36 of the 43 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about LXRX's trend?

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 57 of 72 cases where LXRX's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 3

How did LXRX's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on LXRX as a result. In 72 of 96 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for LXRX?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for LXRX turned negative on August 01, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In 34 of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

What is the significance of the 50-day moving average indicator for LXRX?

Accepted Answer

LXRX moved below its 50-day moving average on August 02, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 6

What is the significance of the 10-day moving average indicator for LXRX?

Accepted Answer

The 10-day moving average for LXRX crossed bearishly below the 50-day moving average on August 09, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 16 of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 7

What does a 3-day price advance indicate for LXRX?

Accepted Answer

Following a +3.05% 3-day Advance, the price is estimated to grow further. Considering data from situations where LXRX advanced for three days, in 183 of 220 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 8

What does a 3-day decline signify for LXRX's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where LXRX declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 86%.

Question 9

What does LXRX breaking above its upper Bollinger Band indicate?

Accepted Answer

LXRX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

LXRX Stock Lexicon Pharmaceuticals (LXRX, $1.94) price moved above its 50-day Moving Average on June 05, 2024

LXRX's RSI Indicator climbs out of oversold territory

General Information