Overall NRSN gets a technical rating of 1 out of 10. NRSN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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.
- 78% of all other stocks performed better in the past year 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 0.84 - 1.10 range, which is quite wide. It is currently trading near the lows of this range.
- NRSN is part of the Biotechnology industry. There are 523 other stocks in this industry, NRSN did better than 46% of them.
- 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 and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.94. Right above this resistance zone may be a good entry point.
More info and screens
0.78
We found 2 important support areas.
- Support @0.87 from a horizontal line in the daily time frame.
- Support @0.79 from a trend line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 0.94 to 0.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.00 from a trend line in the daily time frame.
- Resistance @1.08 from a horizontal line in the weekly time frame.
- Resistance @1.11 from a trend line in the weekly time frame.
- Resistance @1.27 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 | 22.38 | NEGATIVE | NRSN has a low relative strength, it was outperformed by 77.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NRSN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NRSN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NRSN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.79 | NEUTRAL | The RSI value for NRSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NRSN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.73 | NEUTRAL | The Stochastics value for NRSN is a neutral value. |
| Average True Range in percent/ATR (20) | 9.65 | HIGH VOLATILITY | The high ATR as a percentage value for NRSN suggests high volalility. |
| Average Directional Index/ADX (14) | 13.99 | NEGATIVE | The low ADX value for NRSN suggests a weak or negative trend. |
0.9399
+0.07 (+8.03%)
NEUROSENSE THERAPEUTICS LTD / NRSN FAQ
Can you provide the ChartMill technical rating for NEUROSENSE THERAPEUTICS LTD?
ChartMill assigns a technical rating of 1 / 10 to NRSN.
What is the current trend direction of NEUROSENSE THERAPEUTICS LTD (NRSN) stock?
The current trend direction for NEUROSENSE THERAPEUTICS LTD (NRSN) is Bearish.
What is the RSI signal for NEUROSENSE THERAPEUTICS LTD (NRSN) stock?
NEUROSENSE THERAPEUTICS LTD (NRSN) has an RSI value of 50.786. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NEUROSENSE THERAPEUTICS LTD?
The MACD indicator for NEUROSENSE THERAPEUTICS LTD (NRSN) has a value of -0.00504866, indicating a bearish trend.
What is the short term momentum for NEUROSENSE THERAPEUTICS LTD (NRSN) stock?
The short term momentum for NEUROSENSE THERAPEUTICS LTD (NRSN) is neutral.