NEUROSENSE THERAPEUTICS LTD (NRSN) Technical Analysis
NASDAQ:NRSN • IL0011809592
Current stock price
NRSN Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to NRSN. In the past year, NRSN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, NRSN is a bad performer in the overall market: 79% of all stocks are doing better.
- NRSN is part of the Biotechnology industry. There are 515 other stocks in this industry, of which 60% 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 0.68 - 0.90 range, which is quite wide. It is currently trading near the high of this range.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NRSN Weekly and Daily overview Charts
NRSN Setup Rating and Analysis
The technical rating of NRSN 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
NRSN Support and Resistance Analysis
0.69
We found 1 important support area.
- Support @0.70 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.01 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 | UP | POSITIVE | The short term trend for NRSN is up. |
| ChartMill Relative Strength | 21.31 | NEGATIVE | NRSN has a low relative strength, it was outperformed by 78.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NRSN is above the rising 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) | DOWN | NEGATIVE | The current price of NRSN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.56 | NEUTRAL | The RSI value for NRSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NRSN has a positive trend. |
| Stochastics (14,3) | 81.73 | OVERBOUGHT | The high Stochastics value suggests NRSN may be overbought. |
| Average True Range in percent/ATR (20) | 6.24 | HIGH VOLATILITY | The high ATR as a percentage value for NRSN suggests high volalility. |
| Average Directional Index/ADX (14) | 19.08 | 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
0.8966
+0.08 (+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 3 / 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 69.5559. 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 0.0223432, 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 0.7 and a resistance level at 1.01. Check the full technical report for our detailed analysis of NRSN support and resistance levels.