FENNEC PHARMACEUTICALS INC (FRX.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:FRX - CA31447P1009 - Common Stock
Taking everything into account, FRX scores 3 out of 10 in our technical rating. Although FRX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of FRX is bad and it also does not present a 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
9.04
When analyzing the support we notice one important area.
- A support zone ranging from 9.13 to 9.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 10.91 to 11.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.98 to 12.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @12.46 from a horizontal line in the daily time frame.
- A resistance zone ranging from 12.67 to 12.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.61 from a trend 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 | DOWN | NEGATIVE | The long term trend for FRX.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FRX.CA is down. |
| ChartMill Relative Strength | 79.6 | POSITIVE | FRX.CA has a high relative strength, it outperformed 79.6% 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) | DOWN | NEGATIVE | The current price of FRX.CA is below a declining 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) | 44.12 | NEUTRAL | The RSI value for FRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FRX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.19 | NEUTRAL | The Stochastics value for FRX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for FRX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 8.74 | NEGATIVE | The low ADX value for FRX.CA suggests a weak or negative trend. |
TSX:FRX (12/2/2025, 7:00:00 PM)
10.7
-0.5 (-4.46%)
FENNEC PHARMACEUTICALS INC / FRX.CA FAQ
What is the ChartMill technical rating of FENNEC PHARMACEUTICALS INC (FRX.CA) stock?
ChartMill assigns a technical rating of 3 / 10 to FRX.CA.
Can you provide the trend direction for FENNEC PHARMACEUTICALS INC?
The current trend direction for FENNEC PHARMACEUTICALS INC (FRX.CA) is Bearish.
What is the RSI signal for FRX stock?
FENNEC PHARMACEUTICALS INC (FRX.CA) has an RSI value of 44.1192. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FENNEC PHARMACEUTICALS INC?
The short term momentum for FENNEC PHARMACEUTICALS INC (FRX.CA) is negative.
What is the buy/sell signal for FRX stock?
The buy/sell signal for FENNEC PHARMACEUTICALS INC (FRX.CA) is sell as both the short term and long term trends are negative.