NURIX THERAPEUTICS INC (NRIX) Stock Technical Analysis
NASDAQ:NRIX - Nasdaq - US67080M1036 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to NRIX. NRIX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
92% of all other stocks performed better in the past year than NRIX.
NRIX is part of the Biotechnology industry. There are 556 other stocks in this industry, of which 62% are performing better than NRIX.
NRIX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
NRIX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
NRIX has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
9.35
13.32
4 important support areas can be observed.
- Support @11.40 from a trend line in the daily time frame.
- A support zone ranging from 11.20 to 11.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.08 from a trend line in the weekly time frame.
- Support @9.44 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 12.03 to 12.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @12.52 from a trend line in the daily time frame.
- Resistance @12.79 from a horizontal line in the weekly time frame.
- Resistance @13.19 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 | DOWN | NEGATIVE | The long term trend for NRIX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NRIX is down. |
| ChartMill Relative Strength | 8.15 | NEGATIVE | NRIX has a low relative strength, it was outperformed by 91.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NRIX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NRIX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NRIX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.09 | NEUTRAL | The RSI value for NRIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests NRIX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.66 | OVERSOLD | The low Stochastics value suggests NRIX may be oversold. |
| Average True Range in percent/ATR (20) | 6.45 | HIGH VOLATILITY | The high ATR as a percentage value for NRIX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.34 | NEGATIVE | The low ADX value for NRIX 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)
11.52
-0.01 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.09%
1 Week2.77%
2 Weeks-7.4%
1 Month-2.7%
3 Month-0.35%
6 Month-42.2%
12 Month-47.49%
2 Year18.64%
3 Year-27.82%
5 Year-40.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%6.45%
ATR Inc-55.06%
Range Today0.25
ADR(20)0.73
ADR(20)%6.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.15
Mansfield-4.02
10 Day High13
10 Day Low11.13
20 Day High14.56
20 Day Low11.13
52 Week High29.56
52 Week Low8.18
CS1 End11.4
CR1 Start12.03
Volume & EV
DER(3)0.97%
DER(5)-0.03%
Volume476.80K
Volume Incr-40.61%
Vol(5)607.16K
Vol(50)872.47K