CARERX CORP (CRRX.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CRRX - CA14173C1059 - Common Stock
We assign a technical rating of 9 out of 10 to CRRX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CRRX is showing a nice and steady performance.
Besides having an excellent technical rating, CRRX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.50, a Stop Loss order could be placed below this zone.
More info and screens
2.19
We found 5 important support areas.
- A support zone ranging from 3.42 to 3.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.21 to 3.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.88 from a horizontal line in the daily time frame.
- Support @2.77 from a horizontal line in the daily time frame.
- Support @2.21 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.54 to 3.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.62 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.70 to 3.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CRRX.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRRX.CA is neutral. |
| ChartMill Relative Strength | 81.73 | POSITIVE | CRRX.CA has a high relative strength, it outperformed 81.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRRX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CRRX.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRRX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.3 | NEUTRAL | The RSI value for CRRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CRRX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.52 | NEUTRAL | The Stochastics value for CRRX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for CRRX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.32 | NEGATIVE | The low ADX value for CRRX.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 3.56 | 3.42 | 0.14 (3.93%) | 25.00% |
| An entry @3.56. This is a Buy Stop order right above the resistance zone. | An exit @3.42. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.14 points, which is 3.93%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.98%. |
- The distance between exit and entry is rather small compared to the average daily movement of CRRX. Please evaluate whether better entry and exit points can be found.
- 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.
TSX:CRRX (12/8/2025, 7:00:00 PM)
3.52
+0.02 (+0.57%)
CARERX CORP / CRRX.CA FAQ
Can you provide the ChartMill technical rating for CARERX CORP?
ChartMill assigns a technical rating of 9 / 10 to CRRX.CA.
What is the current trend direction of CARERX CORP (CRRX.CA) stock?
The current trend direction for CARERX CORP (CRRX.CA) is Bullish.
What is the RSI signal for CARERX CORP (CRRX.CA) stock?
CARERX CORP (CRRX.CA) has an RSI value of 50.2991. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CARERX CORP?
The MACD indicator for CARERX CORP (CRRX.CA) has a value of -0.00249819, indicating a bearish trend.
What are the support and resistance levels for CARERX CORP (CRRX.CA) stock?
CARERX CORP (CRRX.CA) has a support level at 3.5 and a resistance level at 3.54. Check the full technical report for our detailed analysis of CRRX.CA support and resistance levels.