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.
MarketClub’s Trade Triangles for PRAX
The long-term trend has been UP since Jul 5th, 2023 at 1.22
The intermediate-term trend has been UP since Nov 20th, 2023 at 1.12
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).
|52wk High||78.75||52wk High Date||2023-01-13|
|52wk Low||11.85||52wk Low Date||2023-03-31|
|Average Volume||32,951||Shares Outstanding||8,570|