LXRX NEWS why is Lexicon Pharmaceuticals, Inc. price falling or rising

LXRX NEWS reasons for why stock price of Lexicon Pharmaceuticals, Inc. is falling or rising

LXRX Lexicon Pharmaceuticals is falling or rising technical reasons

Technical analysis forecast for Lexicon Pharmaceuticals Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Lexicon Pharmaceuticals LXRX at this time. Stock is falling and might fall more.

It appears as if Lexicon Pharmaceuticals LXRX gave a large move recently.

Stock of Lexicon Pharmaceuticals (LXRX) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Lexicon Pharmaceuticals is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Lexicon Pharmaceuticals stays below 0.8, but if it comes above 0.8, then a intra day buy could be more profitable.
If you take a sell trade below 0.8, then use 0.8 as stoploss and 0.7 as target. However if you take a buy trade in Lexicon Pharmaceuticals, then use 0.8 as stoploss and 0.84 as target.

LXRX Lexicon Pharmaceuticals is falling or rising NEWS fundamental reasons

More announcements and NEWS

LXRX Lexicon Pharmaceuticals, Inc. current price & indicator signals

Moving Averages for Lexicon Pharmaceuticals, Inc.

  • 5Day Average: 0.77
  • 12Day Average: 0.77
  • 20Day Average: 0.78
  • 50Day Average: 1.24
  • 100Day Average: 1.46
  • 150Day Average: 1.59
  • 200Day Average: 1.69

LXRX Indicators & signals

Indicator MACD (12,26,9)

0.79, 0.9, -0.13
Indicator MACD is in negative zone

Indicator ADX (14)

0, 50, 50
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of LXRX Lexicon Pharmaceuticals, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
27 Fri Dec 2024 0.77 0.74 to 0.81 -1.28% 0.42 times
26 Thu Dec 2024 0.78 0.70 to 0.79 2.63% 0.59 times
24 Tue Dec 2024 0.76 0.74 to 0.82 -7.32% 0.33 times
23 Mon Dec 2024 0.82 0.64 to 0.84 15.49% 1.62 times
20 Fri Dec 2024 0.71 0.70 to 0.76 -1.39% 1.1 times
19 Thu Dec 2024 0.72 0.66 to 0.73 7.46% 0.8 times
18 Wed Dec 2024 0.67 0.67 to 0.76 -8.22% 0.79 times
17 Tue Dec 2024 0.73 0.72 to 0.79 -5.19% 0.92 times
16 Mon Dec 2024 0.77 0.75 to 0.85 -4.94% 1.07 times
13 Fri Dec 2024 0.81 0.75 to 0.83 -1.22% 1.47 times
12 Thu Dec 2024 0.82 0.78 to 0.97 -7.87% 1.32 times
11 Wed Dec 2024 0.89 0.73 to 1.02 21.92% 2.46 times

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LXRX NEWS why is Lexicon Pharmaceuticals, Inc. price falling or rising

 

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