CARERX CORP (CRRX.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CRRX - CA14173C1059 - Common Stock
Taking everything into account, CRRX scores 9 out of 10 in our technical rating. 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.
CRRX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 3.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.87, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CRRX in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
2.22
We found 6 important support areas.
- A support zone ranging from 3.79 to 3.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.57 from a trend line in the weekly time frame.
- Support @3.42 from a horizontal line in the weekly time frame.
- Support @3.36 from a trend line in the daily time frame.
- Support @3.28 from a horizontal line in the daily time frame.
- Support @2.24 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.90 to 3.91. 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 | 78.57 | POSITIVE | CRRX.CA has a high relative strength, it outperformed 78.57% 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 | POSITIVE | The current price of CRRX.CA is above 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) | 58.27 | NEUTRAL | The RSI value for CRRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CRRX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.2 | NEUTRAL | The Stochastics value for CRRX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for CRRX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.2 | 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 |
|---|---|---|---|
| 3.92 | 3.78 | 0.14 (3.57%) | 25.00% |
| An entry @3.92. This is a Buy Stop order right above the resistance zone. | An exit @3.78. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.14 points, which is 3.57%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.89%. |
- 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 (1/9/2026, 7:00:00 PM)
3.87
+0.04 (+1.04%)
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 trend direction for CRRX 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 58.2702. This indicates that the stock is currently neutral.
What is the short term momentum for CRRX stock?
The short term momentum for CARERX CORP (CRRX.CA) is neutral.
Can you provide the support and resistance levels for CARERX CORP?
CARERX CORP (CRRX.CA) has a support level at 3.87 and a resistance level at 3.9. Check the full technical report for our detailed analysis of CRRX.CA support and resistance levels.