FENNEC PHARMACEUTICALS INC (FRX.CA) Stock Technical Analysis
Canada - TSX:FRX - CA31447P1009 - Common Stock
12.24 CAD
+0.44 (+3.73%)
Overall FRX gets a technical rating of 6 out of 10. In the last year, FRX was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month FRX has a been trading in the 11.44 - 13.83 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: FRX has an average volume of 830 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that FRX is one of the better performing stocks in the market, outperforming 76% of all stocks.
FRX 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 FRX is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
FRX is part of the Biotechnology industry. There are 23 other stocks in this industry, FRX did better than 59% of them.
Considerably lower volume is observed in the last couple of days.
FRX has an average technical rating and it also does not offer a high 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.
More info and screens
8.61
13.90
3 important support areas can be observed.
- Support @11.81 from a trend line in the daily time frame.
- A support zone ranging from 10.99 to 11.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.70 to 8.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.76 to 13.76. 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 FRX.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FRX.CA is down. |
| ChartMill Relative Strength | 76.98 | POSITIVE | FRX.CA has a high relative strength, it outperformed 76.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FRX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FRX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FRX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.73 | NEUTRAL | The RSI value for FRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests FRX.CA has a negative trend. |
| Stochastics (14,3) | 23.56 | NEUTRAL | The Stochastics value for FRX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for FRX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.27 | NEGATIVE | The low ADX value for FRX.CA suggests a weak or negative trend. |
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)
TSX:FRX (10/16/2025, 7:00:00 PM)
12.24
+0.44 (+3.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.73%
1 Week-9.4%
2 Weeks-2.93%
1 Month-3.7%
3 Month5.15%
6 Month64.3%
12 Month74.36%
2 Year30.35%
3 Year2.51%
5 Year21.79%
10 Year540.84%
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%3.77%
ATR Inc3.3%
Range Today0.19
ADR(20)0.3
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.98
Mansfield1.64
10 Day High13.83
10 Day Low11.8
20 Day High13.83
20 Day Low11.44
52 Week High13.83
52 Week Low5.65
CS1 End11.81
CR1 Start13.76
Volume & EV
DER(3)0%
DER(5)0%
Volume500
Volume Incr-55.02%
Vol(5)432.6
Vol(50)830.4