FENNEC PHARMACEUTICALS INC (FRX.CA) Stock Technical Analysis
TSX:FRX - Toronto Stock Exchange - CA31447P1009 - Common Stock - Currency: CAD
Overall FRX 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, FRX is showing a nice and steady performance.
Warning: FRX has an average volume of 756 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
FRX is part of the Biotechnology industry. There are 25 other stocks in this industry. FRX outperforms 70% of them.
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.
In the last month FRX has a been trading in the 10.99 - 12.99 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that FRX is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
FRX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
7.82
12.29
4 important support areas can be observed.
- A support zone ranging from 10.75 to 10.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.44 from a horizontal line in the daily time frame.
- Support @8.03 from a trend line in the weekly time frame.
- Support @7.90 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.73 to 11.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.17 from a horizontal line in the weekly 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 FRX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FRX.CA is up. |
| ChartMill Relative Strength | 82.41 | POSITIVE | FRX.CA has a high relative strength, it outperformed 82.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FRX.CA is below the rising 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) | 52.19 | NEUTRAL | The RSI value for FRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests FRX.CA has a negative trend. |
| Stochastics (14,3) | 20.72 | NEUTRAL | The Stochastics value for FRX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for FRX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.17 | NEUTRAL | The ADX value for FRX.CA suggests a possible start of a new 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 (7/28/2025, 7:00:00 PM)
11.72
-0.27 (-2.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.25%
1 Week0.69%
2 Weeks-6.24%
1 Month8.82%
3 Month37.08%
6 Month36.44%
12 Month34.56%
2 Year3.99%
3 Year32.73%
5 Year3.99%
10 Year272.06%
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%3.34%
ATR Inc-18.13%
Range Today0
ADR(20)0.18
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.41
Mansfield2.19
10 Day High12.99
10 Day Low11.51
20 Day High12.99
20 Day Low10.99
52 Week High12.99
52 Week Low5.65
CS1 End10.86
CR1 Start11.73
Volume & EV
DER(3)0%
DER(5)0%
Volume106
Volume Incr-24.34%
Vol(5)639.6
Vol(50)756.9