NEUROSENSE THERAPEUTICS LTD (NRSN) Stock Technical Analysis
USA - NASDAQ:NRSN - IL0011809592 - Common Stock
1.245 USD
0 (-0.4%)
1.2 USD
-0.05 (-3.61%)
We assign a technical rating of 1 out of 10 to NRSN. NRSN'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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
89% of all other stocks performed better in the past year than NRSN.
NRSN is part of the Biotechnology industry. There are 534 other stocks in this industry, of which 67% are performing better than NRSN.
NRSN 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.
In the last month NRSN has a been trading in the 1.12 - 1.33 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, NRSN does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.19, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.07
1.37
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.19 to 1.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.15 from a horizontal line in the daily time frame.
- Support @1.12 from a trend line in the weekly time frame.
- Support @1.08 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.25 from a horizontal line in the weekly time frame.
- Resistance @1.36 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 | DOWN | NEGATIVE | The long term trend for NRSN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NRSN is neutral. |
| ChartMill Relative Strength | 11.76 | NEGATIVE | NRSN has a low relative strength, it was outperformed by 88.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NRSN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NRSN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NRSN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.94 | NEUTRAL | The RSI value for NRSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NRSN has a positive trend. |
| Stochastics (14,3) | 61.52 | NEUTRAL | The Stochastics value for NRSN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.05 | HIGH VOLATILITY | The high ATR as a percentage value for NRSN suggests high volalility. |
| Average Directional Index/ADX (14) | 26.71 | POSITIVE | The high ADX value value for NRSN suggests a strong 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)
1.245
0 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.4%
1 Week0.81%
2 Weeks8.26%
1 Month-1.19%
3 Month-38.67%
6 Month24.51%
12 Month-1.97%
2 Year170.3%
3 Year-22.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%6.05%
ATR Inc50.77%
Range Today0.12
ADR(20)0.08
ADR(20)%6.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.76
Mansfield-1.32
10 Day High1.33
10 Day Low1.13
20 Day High1.33
20 Day Low1.12
52 Week High2.6
52 Week Low0.8
CS1 End1.19
CR1 Start1.25
Volume & EV
DER(3)-7.38%
DER(5)-8.48%
Volume492.90K
Volume Incr8.46%
Vol(5)244.32K
Vol(50)705.08K