Technical Signs Every Trader Should Know: Alteryx, Inc. (AYX), CytomX Therapeutics, Inc. (CTMX)

Alteryx, Inc. (NYSE:AYX) traded at an unexpectedly high level on 11/16/2017 when the stock experienced a 3.05% gain to a closing price of $26. The company saw 1.14 million shares trade hands over the course of the day. Given that its average daily volume over the 30 days has been 0.47 million shares a day, this signifies a pretty significant change over the norm.

Alteryx, Inc. (AYX) Max Upside Potential Is 11.54%

Analysts are speculating a 11.54% move, based on the high target price ($29) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $26.29 price target, but the stock is already up 77.96% from its recent lows. However, the stock is trading at -3.31% versus recent highs ($26.89). Analysts believe that we could see stock price minimum in the $23 range (lowest target price), allowing for another -11.54% drop from its current position. Leading up to this report, we have seen a 21.89% rise in the stock price over the last 30 days and a 14.89% increase over the past 3 months. Overall, the share price is up 67.74% so far this year. Additionally, AYX had a day price range of $24.975 to $27.0234.

Alteryx, Inc. (AYX) RSI Reaches 80.83

Heading into the stock price potential, Alteryx, Inc. by far traveled 0% after crossing its median price target of $26. In order to determine directional movement, the 50-day and 200-day moving averages for Alteryx, Inc. (NYSE:AYX) are $21.82 and $20.62. Given that liquidity is king in short-term, AYX is a stock with 50.72 million shares outstanding that normally trades 10.27% of its float. The stock price recently experienced a 5-day gain of 19.05% with 1.11 average true range (ATR). AYX has a beta of 0 and RSI is 80.83.

CytomX Therapeutics, Inc. (NASDAQ:CTMX)’s 4.72% Lead Over A Technical Metric

On the other hand, CytomX Therapeutics, Inc. by far traveled 101.99% versus a 1-year low price of $10.03. The share price was last seen 1.45% higher, reaching at $20.26 on Nov. 16, 2017. At recent session, the prices were hovering between $19.74 and $20.67. This company shares are 72.75% off its target price of $35 and the current market capitalization stands at $737.06M. The recent change has given its price a 4.72% lead over SMA 50 and -17.88% deficit over its 52-week high. The stock witnessed 1.25% gains, 49.74% gains and 36.61% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CTMX’s volatility during a week at 5.24% and during a month it has been found around 4.03%.

CytomX Therapeutics, Inc. (NASDAQ:CTMX) Is Active With 0.54 million Shares

CytomX Therapeutics, Inc. (CTMX) exchanged hands at an unexpectedly high level of 0.54 million shares over the course of the day. Noting its average daily volume at 0.35 million shares each day over the month, this signifies a pretty significant change over the norm.

CytomX Therapeutics, Inc. Is Worth At Least $25

The market experts are predicting a 117.18% rally, based on the high target price ($44) for CytomX Therapeutics, Inc. shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $25 range (lowest target price). If faced, it would be a 23.4% jump from its current position. Overall, the share price is up 84.35% year to date.

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