NURIX THERAPEUTICS INC (NRIX)
US67080M1036 - Common Stock
Overall NRIX gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NRIX is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
NRIX is one of the better performing stocks in the Biotechnology industry, it outperforms 85% of 581 stocks in the same industry.
NRIX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NRIX is lagging the market slightly.
NRIX has an average volume of 1105270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that NRIX is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month NRIX has a been trading in the 12.70 - 17.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, NRIX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 16.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.16, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
12.52
16.91
We found 5 important support areas.
- A support zone ranging from 14.95 to 15.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.92 to 14.09. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @13.42 from a trend line in the daily time frame.
- Support @12.91 from a trend line in the daily time frame.
- Support @12.65 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.30 to 16.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.03
Mansfield4.11
10 Day High17.28
10 Day Low14.53
20 Day High17.28
20 Day Low12.7
52 Week High18.12
52 Week Low4.22
Performance
1 Week3.82%
2 Weeks2.27%
1 Month23.72%
3 Month16.15%
6 Month127.93%
12 Month44.23%
2 Year56.1%
3 Year-43.55%
5 YearN/A
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)0.01
RSI(14)56.97
LBB14.26
UBB16.79
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.75 | 14.94 | 1.81 (10.81%) | 9.25% |
| An entry @16.75. This is a Buy Stop order right above the resistance zone. | An exit @14.94. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.81 points, which is 10.81%. | For a 1.00% total portfolio risk, you can invest 9.25% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NURIX THERAPEUTICS INC
NASDAQ:NRIX (5/31/2024, 7:00:02 PM)
After market: 15.75 0 (0%)15.75
+0.17 (+1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.09%
1 Week3.82%
2 Weeks2.27%
1 Month23.72%
3 Month16.15%
6 Month127.93%
12 Month44.23%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.08
ATR(20)%6.46%
ATR Inc
Range Today0.68
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 High17.28
10 Day Low14.53
20 Day High17.28
20 Day Low12.7
52 Week High18.12
52 Week Low4.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.88M
Volume Incr-18.21%
Vol(5)827.78K
Vol(50)1.11M