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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Praxis Precision Medicines, Inc. (NASDAQ:PRAX)

Weak Uptrend (+65) - PRAX is showing signs of weakening momentum to the upside. Monitor PRAX as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid PRAX?

MarketClub looks at technical strength and momentum to determine if the timing is right for PRAX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_PRAX
Open High Low PRAX Price Change
50.93 50.93 49.46 50.00 -0.75
Entry Signal

MarketClub’s Trade Triangles for PRAX

long term up The long-term trend has been UP since Jul 5th, 2023 at 1.22

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2024 at 56.58

short term down The short-term trend has been DOWN since May 6th, 2024 at 53.85

Smart Scan Analysis for PRAX

Based on our trend formula, PRAX is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for PRAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.93 50.93 49.46 50.00 -0.75
Prev. Close Volume Bid Ask Time
50.75 55781 2024-05-09 14:15:15
52wk High67.2152wk High Date2024-03-26
52wk Low12.4552wk Low Date2023-06-01
Average Volume207,034Shares Outstanding13,238
Assets87,948,000MLiabilities18,279,000M
P/E Ratio-0.52110000
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