FENNEC PHARMACEUTICALS INC (FENC)

CA31447P1009 - Common Stock

6.78  -0.07 (-1.02%)

After market: 6.78 0 (0%)

Technical Rating and Analysis

0

Taking everything into account, FENC scores 0 out of 10 in our technical rating. FENC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
87% of all other stocks performed better in the past year than FENC.
FENC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
FENC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
FENC is an average performer in the Biotechnology industry, it outperforms 46% of 581 stocks in the same industry.
Weekly and Daily overview Charts
FENC Weekly chart
FENC Daily chart
Setup Rating and Analysis

3

The technical rating of FENC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

6.62

11.33

When analyzing the support we notice one important area.

  • Support @6.69 from a horizontal line in the weekly time frame.

4 important resistance areas can be observed.

  • A resistance zone ranging from 6.79 to 6.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @9.56 from a trend line in the daily time frame.
  • Resistance @10.77 from a trend line in the daily time frame.
  • Resistance @11.22 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.92
Mansfield-3.17
10 Day High7.64
10 Day Low6.61
20 Day High10.07
20 Day Low6.51
52 Week High11.92
52 Week Low6.3
Performance
1 Week-1.31%
2 Weeks-4.78%
1 Month-25.41%
3 Month-30.96%
6 Month-21.62%
12 Month-17.52%
2 Year18.74%
3 Year-8.01%
5 Year80.8%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)31.62
LBB5.67
UBB8.83
FENC Daily chart

FENNEC PHARMACEUTICALS INC

NASDAQ:FENC (5/31/2024, 7:00:00 PM)

After market: 6.78 0 (0%)

6.78

-0.07 (-1.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.02%
1 Week-1.31%
2 Weeks-4.78%
1 Month-25.41%
3 Month-30.96%
6 Month-21.62%
12 Month-17.52%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.68
ATR(20)%8.37%
ATR Inc
Range Today0.19
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.64
10 Day Low6.61
20 Day High10.07
20 Day Low6.51
52 Week High11.92
52 Week Low6.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume101.30K
Volume Incr-32.4%
Vol(5)140.12K
Vol(50)170.95K