FENNEC PHARMACEUTICALS INC (FRX.CA) Technical Analysis
TSX:FRX • CA31447P1009
Taking everything into account, FRX scores 1 out of 10 in our technical rating. FRX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 80% of all other stocks performed better in the past year than FRX.
- In the last month FRX has a been trading in the 9.63 - 12.45 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 935 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- FRX is an average performer in the Biotechnology industry, it outperforms 54% of 23 stocks in the same industry.
- FRX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FRX is lagging the market.
- Considerably lower volume is observed in the last couple of days.
The technical rating of FRX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.77
4 important resistance areas can be observed.
- Resistance @11.73 from a trend line in the weekly time frame.
- Resistance @12.20 from a trend line in the daily time frame.
- Resistance @12.67 from a horizontal line in the daily time frame.
- Resistance @13.39 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 | NEUTRAL | NEUTRAL | The long term trend for FRX.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FRX.CA is neutral. |
| ChartMill Relative Strength | 20.69 | NEGATIVE | FRX.CA has a low relative strength, it was outperformed by 79.31% 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 | MIXED | The current price of FRX.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.92 | NEUTRAL | The RSI value for FRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests FRX.CA has a negative trend. |
| Stochastics (14,3) | 21.63 | NEUTRAL | The Stochastics value for FRX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for FRX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.41 | NEGATIVE | The low ADX value for FRX.CA suggests a weak or negative trend. |
FRX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:FRX (3/9/2026, 7:00:00 PM)
9.87
-0.48 (-4.64%)
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 1 / 10 to FRX.CA.
What is the current trend direction of FENNEC PHARMACEUTICALS INC (FRX.CA) stock?
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 37.9227. This indicates that the stock is currently neutral.
What are the support and resistance levels for FENNEC PHARMACEUTICALS INC (FRX.CA) stock?
FENNEC PHARMACEUTICALS INC (FRX.CA) has a resistance level at 11.73. Check the full technical report for our detailed analysis of FRX.CA support and resistance levels.