NURIX THERAPEUTICS INC (NRIX) Stock Technical Analysis
NASDAQ:NRIX - Nasdaq - US67080M1036 - Common Stock - Currency: USD
Overall NRIX gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. NRIX was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, NRIX is a bad performer in the overall market: 83% of all stocks are doing better.
NRIX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NRIX is lagging the market.
In the last month NRIX has a been trading in the 9.02 - 12.59 range, which is quite wide. It is currently trading near the high of this range.
NRIX has an average volume of 1014880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
NRIX is part of the Biotechnology industry. There are 558 other stocks in this industry, NRIX did better than 57% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of NRIX is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.21
12.27
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.64 to 9.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.30 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.09 to 12.15. 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 | DOWN | NEGATIVE | The long term trend for NRIX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NRIX is up. |
| ChartMill Relative Strength | 17.5 | NEGATIVE | NRIX has a low relative strength, it was outperformed by 82.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NRIX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NRIX is above a declining 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) | 65.98 | NEUTRAL | The RSI value for NRIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests NRIX has a positive trend. |
| Stochastics (14,3) | 86.96 | OVERBOUGHT | The high Stochastics value suggests NRIX may be overbought. |
| Average True Range in percent/ATR (20) | 5.66 | HIGH VOLATILITY | The high ATR as a percentage value for NRIX suggests high volalility. |
| Average Directional Index/ADX (14) | 24.59 | NEUTRAL | The ADX value for NRIX 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)
12.08
-0.06 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.49%
1 Week23.64%
2 Weeks27.02%
1 Month10.42%
3 Month-12.84%
6 Month-43.47%
12 Month-22.96%
2 Year20.92%
3 Year-4.66%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%5.66%
ATR Inc117.14%
Range Today0.52
ADR(20)0.63
ADR(20)%5.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.5
Mansfield-3.79
10 Day High12.59
10 Day Low9.3
20 Day High12.59
20 Day Low9.02
52 Week High29.56
52 Week Low8.18
CS1 End9.79
CR1 Start12.09
Volume & EV
DER(3)-1.45%
DER(5)-0.56%
Volume1.33M
Volume Incr66.61%
Vol(5)1.22M
Vol(50)1.01M