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Stock Trend Analysis Report

Prepared for you on Saturday, December 2, 2023.

Praxis Precision Medicines, Inc. (NASDAQ:PRAX)

Countertrend Up (+85) - PRAX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

Open High Low PRAX Price Change
18.050 18.050 16.720 17.475 -0.725
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 Nov 20th, 2023 at 1.12

short term down The short-term trend has been DOWN since Nov 28th, 2023 at 1.09

Smart Scan Analysis for PRAX

Based on our trend formula, PRAX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for PRAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.050 18.050 16.720 17.475 -0.725
Prev. Close Volume Bid Ask Time
17.560 59695 2023-12-01 15:59:50
52wk High78.7552wk High Date2023-01-13
52wk Low11.8552wk Low Date2023-03-31
Average Volume32,951Shares Outstanding8,570
P/E Ratio-0.52110000
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