NURIX THERAPEUTICS INC (NRIX) Technical Analysis
NASDAQ:NRIX • US67080M1036
Overall NRIX gets a technical rating of 0 out of 10. 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.
- When comparing the yearly performance of all stocks, NRIX is a bad performer in the overall market: 62% of all stocks are doing better.
- In the last month NRIX has a been trading in the 14.60 - 16.97 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.
- NRIX has an average volume of 1057000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- NRIX is an average performer in the Biotechnology industry, it outperforms 46% of 519 stocks in the same industry.
- NRIX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NRIX is lagging the market.
NRIX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 16.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.77, a Stop Loss order could be placed below this zone.
More info and screens
14.94
2 important support areas can be observed.
- A support zone ranging from 15.75 to 15.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 15.09 to 15.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 16.25 to 16.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.60 from a trend line in the daily time frame.
- Resistance @19.36 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 | NEUTRAL | NEUTRAL | The long term trend for NRIX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NRIX is down. |
| ChartMill Relative Strength | 38.73 | NEUTRAL | NRIX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NRIX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NRIX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NRIX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.13 | NEUTRAL | The RSI value for NRIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests NRIX has a positive trend. |
| Stochastics (14,3) | 47.62 | NEUTRAL | The Stochastics value for NRIX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.21 | HIGH VOLATILITY | The high ATR as a percentage value for NRIX suggests high volalility. |
| Average Directional Index/ADX (14) | 22.64 | NEUTRAL | The ADX value for NRIX suggests a possible start of a new trend. |
NRIX Technicals: Chart, Performance Metrics, Trend & Indicators
15.9
+0.4 (+2.58%)
NURIX THERAPEUTICS INC / NRIX FAQ
What is the ChartMill technical rating of NURIX THERAPEUTICS INC (NRIX) stock?
ChartMill assigns a technical rating of 0 / 10 to NRIX.
What is the current trend direction of NURIX THERAPEUTICS INC (NRIX) stock?
The current trend direction for NURIX THERAPEUTICS INC (NRIX) is Bearish.
What is the RSI signal for NRIX stock?
NURIX THERAPEUTICS INC (NRIX) has an RSI value of 47.1342. This indicates that the stock is currently neutral.
What is the MACD signal for NRIX stock?
The MACD indicator for NURIX THERAPEUTICS INC (NRIX) has a value of 0.0635021, indicating a bearish trend.