Overall DRUG gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DRUG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although DRUG has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
65.96
When analyzing the support we can see 3 important areas.
- Support @80.81 from a trend line in the daily time frame.
- Support @75.85 from a horizontal line in the daily time frame.
- Support @66.63 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @95.99 from a horizontal line in the daily time frame.
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 DRUG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRUG is up. |
| ChartMill Relative Strength | 95.9 | POSITIVE | DRUG has a high relative strength, it outperformed 95.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DRUG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRUG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRUG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.29 | NEUTRAL | The RSI value for DRUG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DRUG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.51 | NEUTRAL | The Stochastics value for DRUG is a neutral value. |
| Average True Range in percent/ATR (20) | 11.96 | HIGH VOLATILITY | The high ATR as a percentage value for DRUG suggests high volalility. |
| Average Directional Index/ADX (14) | 44.4 | POSITIVE | The high ADX value value for DRUG suggests a strong trend. |
NASDAQ:DRUG (1/9/2026, 8:00:01 PM)
86.75
-3.26 (-3.62%)
BRIGHT MINDS BIOSCIENCES INC / DRUG FAQ
What is the ChartMill technical rating of BRIGHT MINDS BIOSCIENCES INC (DRUG) stock?
ChartMill assigns a technical rating of 10 / 10 to DRUG.
What is the current trend direction of BRIGHT MINDS BIOSCIENCES INC (DRUG) stock?
The current trend direction for BRIGHT MINDS BIOSCIENCES INC (DRUG) is Bullish.
What is the RSI signal for BRIGHT MINDS BIOSCIENCES INC (DRUG) stock?
BRIGHT MINDS BIOSCIENCES INC (DRUG) has an RSI value of 55.2872. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BRIGHT MINDS BIOSCIENCES INC?
The short term momentum for BRIGHT MINDS BIOSCIENCES INC (DRUG) is positive.
What are the support and resistance levels for BRIGHT MINDS BIOSCIENCES INC (DRUG) stock?
BRIGHT MINDS BIOSCIENCES INC (DRUG) has a support level at 80.81 and a resistance level at 95.99. Check the full technical report for our detailed analysis of DRUG support and resistance levels.