Is pxlw stock strong stock to buy tomorrow

**Pixelworks, Inc. (PXLW) is not a strong buy at this time**, based on the following analysis:

1. **Recent Stock Performance**: PXLW has experienced a significant decline, with a 1-month percentage change of -36.6% and a 1-week percentage change of -4.57%. This indicates a recent trend of the stock price falling.
- 1-Month Percentage Change: -36.6%
- 1-Week Percentage Change: -4.57%

|Ticker|Name|Percentage Change|Closing Price|Date|code|market_code|
|---|---|---|---|---|---|---|
|PXLW.O|Pixelworks|4.572490706319694|0.8439|20240808|PXLW|185|

2. **Technical Indicators**: The stock's RSI is at 9.2, which is considered oversold and may indicate a lack of buying momentum. The KDJ is at 1.09, which also suggests that the stock may be oversold. However, an RSI below 30 can also indicate that a stock is potentially undervalued.
- RSI: 9.2
- KDJ: 1.09

|Ticker|Name|RSI|KDJ|Boll|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|PXLW.O|Pixelworks|9.1958|1.0915|0.9792|20240807|PXLW|185|

3. **Moving Averages**: The stock is currently trading below its 50-day and 200-day simple moving averages, which could be seen as a bearish signal.
- 50-Day Moving Average: $1.73
- 200-Day Moving Average: $2.30

4. **Analyst Ratings and Price Targets**: Despite a "Strong Buy" consensus from analysts, the average price target represents a modest upside from the current price, with a potential upside of 150%. This suggests that analysts believe the stock has the potential to rise, but it also indicates that the current price may not be an attractive entry point for investors looking to buy at a significant discount.
- Average Price Target: $2.50
- Consensus Rating: Strong Buy
- Potential Upside: 150%

5. **Financial Performance**: The company reported a net loss of $5.16 million and a diluted EPS of -$0.09 for the quarter ended March 31, 2024. This financial performance indicates that the company is currently unprofitable, which may be a concern for some investors.

|Ticker|Name|Total Revenue|Net Income|Diluted EPS|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|PXLW.O|Pixelworks|1.6054E7|-5164000|-0.09|2024 Q1|PXLW|185|

In conclusion, while PXLW has the potential for a high upside based on analyst price targets, the recent technical indicators and stock performance suggest caution. The stock is currently trading at a low price, which could be attractive to some investors looking for potential growth. However, the oversold technical indicators and recent price declines indicate a higher risk profile. Investors should consider their investment strategy and risk tolerance before making a decision to buy PXLW stock.