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Stock Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

Praxis Precision Medicines, Inc. (NASDAQ:PRAX)

Countertrend Down (-85) - PRAX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
43.19 43.37 39.68 40.55 -1.15
Entry Signal

MarketClub’s Trade Triangles for PRAX

long term down The long-term trend has been DOWN since Jun 10th, 2024 at 39.5700

intermediate term down The intermediate-term trend has been DOWN since May 13th, 2024 at 45.0600

short term up The short-term trend has been UP since Jun 21st, 2024 at 41.7742

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
43.19 43.37 39.68 40.55 -1.15
Prev. Close Volume Bid Ask Time
41.70 274122 2024-06-24 15:59:25
52wk High67.2152wk High Date2024-03-26
52wk Low12.7552wk Low Date2023-07-27
Average Volume382,027Shares Outstanding17,108
P/E Ratio-0.52110000
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