What is the forecast for RXRX's trend tomorrow?
7/24/2025 10:31am
The forecast for Recursion Pharmaceuticals (RXRX) suggests a **bullish trend** tomorrow, August 14, 2025, which is the company's earnings release date. Here's a detailed analysis:
1. **Current Trend**: RXRX is experiencing a **bullish trend**, which has lasted for 41 days. The stock is currently positioned above the wide resistance level, indicating a potential for price movement upwards.
2. **Forecast Price Trend**: The forecast for RXRX's price trend is **bullish**, with a buy advice. The stock has a historical win rate of 53.96% for this type of forecast.
3. **Support and Resistance Levels**: The current price is above the wide resistance level, which suggests that the stock has the potential to break out of the current price range and move upwards. The support level is at $4.6, and the resistance level is at $5.84.
4. **Price Forecast**: The forecast for RXRX's price for August 14, 2025, is $6.5, with a 34% confidence interval ranging from $6.35 to $6.66. This indicates a potential for the stock to increase in value tomorrow.
In conclusion, the forecast for RXRX's trend tomorrow is positive, with the potential for the stock to experience an increase in value due to the bullish trend and the upcoming earnings release.