Technical Analysis for PRAX - Praxis Precision Medicines, Inc.

Grade Last Price % Change Price Change
D 47.46 4.35% 1.98
PRAX closed up 4.35 percent on Friday, May 31, 2024, on 2.36 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Up

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
NR7 Range Contraction 0.00%
20 DMA Resistance Bearish 4.35%
MACD Bullish Signal Line Cross Bullish 4.35%
Wide Bands Range Expansion 4.35%
Wide Bands Range Expansion 2.91%
Up 3 Days in a Row Strength 2.91%
Up 4 Days in a Row Strength 2.91%
Wide Bands Range Expansion 4.98%

   Recent Intraday Alerts

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Praxis Precision Medicines, Inc. Description

Praxis Precision Medicines, Inc., a clinical-stage biopharmaceutical company, develops therapies for central nervous system disorders characterized by neuronal imbalance. Its lead product candidates include PRAX-114, an extrasynaptic-preferring GABAA receptor positive allosteric modulator that is in Phase IIa clinical trial for the treatment of major depressive disorder and perimenopausal depression; and PRAX-944, a selective small molecule inhibitor of T-type calcium channels, which is in Phase IIa clinical trial for the treatment of essential tremor. The company is also developing PRAX-562, a persistent sodium current blocker that is in Phase I clinical trial to treat severe pediatric epilepsy and adult cephalgia; PRAX-222, an antisense oligonucleotide for patients with gain-of-function (GOF) SCN2A epilepsy; and KCNT1 program for the treatment of KCNT1 GOF epilepsy. It has a cooperation and license agreement with RogCon Inc.; a license agreement Purdue Neuroscience Company; and a research collaboration, option, and license agreement with Ionis Pharmaceuticals, Inc. The company was incorporated in 2015 and is based in Cambridge, Massachusetts.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Biopharmaceutical Neuroscience Central Nervous System Disorders Precision Medicine Epilepsy Depression Major Depressive Disorder Nervous System Disorders Depressive Disorder Huntington's Disease Oligonucleotide Treatment Of Major Depressive Disorder Spinal Muscular Atrophy Neuron Antisense RNA Essential Tremor Receptor Positive Ionis Perimenopausal Depression

Is PRAX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 67.21
52 Week Low 12.6
Average Volume 297,774
200-Day Moving Average 33.79
50-Day Moving Average 50.77
20-Day Moving Average 46.94
10-Day Moving Average 44.88
Average True Range 3.04
RSI (14) 49.75
ADX 16.43
+DI 19.18
-DI 20.46
Chandelier Exit (Long, 3 ATRs) 48.73
Chandelier Exit (Short, 3 ATRs) 48.68
Upper Bollinger Bands 53.75
Lower Bollinger Band 40.13
Percent B (%b) 0.54
BandWidth 29.02
MACD Line -1.59
MACD Signal Line -1.86
MACD Histogram 0.2731
Fundamentals Value
Market Cap 618.75 Million
Num Shares 13 Million
EPS -29.55
Price-to-Earnings (P/E) Ratio -1.61
Price-to-Sales 298.20
Price-to-Book 6.77
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 50.39
Resistance 3 (R3) 50.17 48.98 49.90
Resistance 2 (R2) 48.98 48.23 49.09 49.74
Resistance 1 (R1) 48.22 47.77 48.60 48.44 49.58
Pivot Point 47.02 47.02 47.21 47.13 47.02
Support 1 (S1) 46.26 46.27 46.64 46.48 45.34
Support 2 (S2) 45.07 45.81 45.18 45.18
Support 3 (S3) 44.31 45.07 45.02
Support 4 (S4) 44.53