Technical Analysis for PRAX - Praxis Precision Medicines, Inc.

Grade Last Price % Change Price Change
D 40.47 6.33% 2.41
PRAX closed up 6.33 percent on Wednesday, June 26, 2024, on approximately normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Up

Date Alert Name Type % Chg
Multiple of Ten Bullish Other 0.00%
Wide Bands Range Expansion 0.00%
Multiple of Ten Bearish Other 6.33%
Wide Bands Range Expansion 6.33%
20 DMA Resistance Bearish -0.34%
Multiple of Ten Bullish Other -0.34%
Gapped Up Strength -0.34%
20 DMA Resistance Bearish -2.95%
Slingshot Bearish Bearish Swing Setup -2.95%
MACD Bullish Signal Line Cross Bullish -2.95%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 15 hours ago
Possible NR7 about 15 hours ago
Possible Inside Day about 15 hours ago
Up 5% about 16 hours ago
60 Minute Opening Range Breakout about 17 hours 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 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 12.75
Average Volume 320,132
200-Day Moving Average 35.47
50-Day Moving Average 46.17
20-Day Moving Average 41.79
10-Day Moving Average 39.53
Average True Range 3.38
RSI (14) 45.05
ADX 29.86
+DI 11.05
-DI 26.93
Chandelier Exit (Long, 3 ATRs) 37.86
Chandelier Exit (Short, 3 ATRs) 43.15
Upper Bollinger Bands 48.15
Lower Bollinger Band 35.42
Percent B (%b) 0.4
BandWidth 30.47
MACD Line -1.98
MACD Signal Line -2.18
MACD Histogram 0.1997
Fundamentals Value
Market Cap 527.62 Million
Num Shares 13 Million
EPS -29.55
Price-to-Earnings (P/E) Ratio -1.37
Price-to-Sales 298.20
Price-to-Book 6.77
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 45.96
Resistance 3 (R3) 45.52 43.25 45.05
Resistance 2 (R2) 43.25 41.85 43.47 44.74
Resistance 1 (R1) 41.86 40.99 42.56 42.30 44.43
Pivot Point 39.59 39.59 39.94 39.81 39.59
Support 1 (S1) 38.20 38.19 38.90 38.64 36.51
Support 2 (S2) 35.93 37.33 36.15 36.20
Support 3 (S3) 34.54 35.93 35.90
Support 4 (S4) 34.98