Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 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
70.49 73.51 69.59 72.46 +0.95
Entry Signal

MarketClub’s Trade Triangles for PRAX

long term up The long-term trend has been UP since Sep 4th, 2024 at 59.81

intermediate term up The intermediate-term trend has been UP since Nov 7th, 2024 at 75.87

short term down The short-term trend has been DOWN since Nov 14th, 2024 at 77.87

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
70.49 73.51 69.59 72.46 +0.95
Prev. Close Volume Bid Ask Time
72.75 382368 2024-11-19 15:59:30
52wk High86.9352wk High Date2024-11-12
52wk Low14.77552wk Low Date2023-12-15
Average Volume324,539Shares Outstanding18,638
Assets416,256,000MLiabilities33,590,000M
P/E Ratio-0.52110000
Get a free daily analysis and signals for Praxis Precision Medicines, Inc. (PRAX) - Request Your Free Report.