NEUROSENSE THERAPEUTICS LTD (NRSN) Technical Analysis
NASDAQ:NRSN • IL0011809592
Current stock price
NRSN Technical Rating and Analysis
Taking everything into account, NRSN scores 0 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, NRSN is a bad performer in the overall market: 75% of all stocks are doing better.
- NRSN is one of the lesser performing stocks in the Biotechnology industry. 60% of 517 stocks in the same industry do better.
- NRSN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NRSN is lagging the market.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month NRSN has a been trading in the 0.63 - 1.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NRSN Weekly and Daily overview Charts
NRSN Setup Rating and Analysis
NRSN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.73, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NRSN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
NRSN Support and Resistance Analysis
0.70
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.73 to 0.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.71 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @0.91 from a trend line in the daily time frame.
- Resistance @0.96 from a trend line in the daily time frame.
NRSN Technical Indicator Signal Analysis
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 | 25.27 | NEGATIVE | NRSN has a low relative strength, it was outperformed by 74.73% 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) | 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) | 52.67 | NEUTRAL | The RSI value for NRSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NRSN has a positive trend. |
| Stochastics (14,3) | 36.11 | NEUTRAL | The Stochastics value for NRSN is a neutral value. |
| Average True Range in percent/ATR (20) | 9.18 | HIGH VOLATILITY | The high ATR as a percentage value for NRSN suggests high volalility. |
| Average Directional Index/ADX (14) | 15.48 | NEGATIVE | The low ADX value for NRSN suggests a weak or negative trend. |
NRSN Chart- and CandleStick Pattern Analysis
NRSN Technicals: Chart, Performance Metrics, Trend & Indicators
0.83
+0.07 (+9.21%)
NEUROSENSE THERAPEUTICS LTD / NRSN TA FAQ
Can you provide the ChartMill technical rating for NEUROSENSE THERAPEUTICS LTD?
ChartMill assigns a technical rating of 0 / 10 to NRSN.
What is the trend direction for NRSN stock?
The current trend direction for NEUROSENSE THERAPEUTICS LTD (NRSN) is Bearish.
Can you provide the RSI signal for NEUROSENSE THERAPEUTICS LTD?
NEUROSENSE THERAPEUTICS LTD (NRSN) has an RSI value of 52.6732. This indicates that the stock is currently neutral.
What is the MACD signal for NRSN stock?
The MACD indicator for NEUROSENSE THERAPEUTICS LTD (NRSN) has a value of 0.00609375, indicating a bearish trend.
Can you provide the support and resistance levels for NEUROSENSE THERAPEUTICS LTD?
NEUROSENSE THERAPEUTICS LTD (NRSN) has a support level at 0.73 and a resistance level at 0.91. Check the full technical report for our detailed analysis of NRSN support and resistance levels.