Technical Analysis for PRAX - Praxis Precision Medicines, Inc.

Grade Last Price % Change Price Change
C 73.58 -0.14% -0.11
PRAX closed up 1.28 percent on Wednesday, November 20, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Resistance Bearish -0.14%
NR7 Range Contraction -0.14%
NR7-2 Range Contraction -0.14%
NR7 Range Contraction 1.13%
NR7-2 Range Contraction 1.13%
Multiple of Ten Bullish Other 1.13%
NR7 Range Contraction 2.89%
Multiple of Ten Bullish Other 2.89%
Down 3 Days in a Row Weakness 2.89%
Down 4 Days in a Row Weakness 2.89%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 2 hours ago
Down 1% about 3 hours ago
20 DMA Resistance about 3 hours ago
Possible NR7 about 23 hours ago
20 DMA Resistance 1 day ago

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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 Depression Central Nervous System Disorders Epilepsy Major Depressive Disorder Precision Medicine Nervous System Disorders Depressive Disorder Huntington's Disease Oligonucleotide Spinal Muscular Atrophy Treatment Of Major Depressive Disorder Neuron Antisense RNA Essential Tremor Receptor Positive Ionis

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 86.93
52 Week Low 14.8
Average Volume 306,373
200-Day Moving Average 54.30
50-Day Moving Average 67.84
20-Day Moving Average 73.86
10-Day Moving Average 76.93
Average True Range 5.17
RSI (14) 52.15
ADX 21.19
+DI 17.84
-DI 25.60
Chandelier Exit (Long, 3 ATRs) 71.43
Chandelier Exit (Short, 3 ATRs) 74.34
Upper Bollinger Bands 82.95
Lower Bollinger Band 64.76
Percent B (%b) 0.49
BandWidth 24.62
MACD Line 1.93
MACD Signal Line 2.76
MACD Histogram -0.8277
Fundamentals Value
Market Cap 960.58 Million
Num Shares 13 Million
EPS -29.55
Price-to-Earnings (P/E) Ratio -2.49
Price-to-Sales 298.20
Price-to-Book 6.77
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 79.19
Resistance 3 (R3) 78.91 76.79 78.27
Resistance 2 (R2) 76.79 75.39 76.93 77.96
Resistance 1 (R1) 75.24 74.53 76.02 75.52 77.66
Pivot Point 73.12 73.12 73.51 73.26 73.12
Support 1 (S1) 71.57 71.72 72.35 71.85 69.70
Support 2 (S2) 69.45 70.86 69.59 69.40
Support 3 (S3) 67.90 69.45 69.09
Support 4 (S4) 68.18