Is Praxis Precision Medicines, Inc. technically bullish or bearish?
As of August 4, 2025, Praxis Precision Medicines, Inc. shows a mildly bearish technical trend, with bearish daily moving averages and MACD indicators, underperforming the S&P 500 significantly year-to-date and over the past year.
As of 4 August 2025, the technical trend for Praxis Precision Medicines, Inc. has changed from sideways to mildly bearish. The weekly MACD is bearish, while the monthly MACD shows a mildly bullish stance, indicating mixed signals. The daily moving averages are bearish, and the KST is mildly bearish on both weekly and monthly time frames. The Dow Theory reflects a mildly bearish outlook weekly and mildly bullish monthly. Additionally, the Bollinger Bands are bearish monthly and sideways weekly. In terms of performance, the stock has underperformed compared to the S&P 500 across multiple periods, with a year-to-date return of -41.23% versus the S&P 500's 12.22%, and a one-year return of -23.83% compared to 17.14% for the index. Overall, the current technical stance is mildly bearish, driven primarily by the bearish daily moving averages and the bearish weekly MACD.
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