NUREXONE BIOLOGIC INC (NRX.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:NRX • CA67059R1091
Taking everything into account, NRX scores 2 out of 10 in our technical rating. NRX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames 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.
- NRX 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.
- Warning: NRX has an average volume of 23529 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month NRX has a been trading in the 0.62 - 0.70 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, NRX turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
- NRX is part of the Biotechnology industry. There are 23 other stocks in this industry, NRX did better than 63% of them.
- Volume is considerably higher in the last couple of days.
NRX has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.60
3 important support areas can be observed.
- A support zone ranging from 0.66 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.62 from a trend line in the weekly time frame.
- A support zone ranging from 0.61 to 0.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.69 to 0.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 NRX.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NRX.CA is neutral. |
| ChartMill Relative Strength | 44 | NEUTRAL | NRX.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NRX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NRX.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NRX.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.4 | NEUTRAL | The RSI value for NRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NRX.CA has a positive trend. |
| Stochastics (14,3) | 84.72 | OVERBOUGHT | The high Stochastics value suggests NRX.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for NRX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 36.37 | POSITIVE | The high ADX value value for NRX.CA suggests a strong trend. |
TSX-V:NRX (2/3/2026, 7:00:00 PM)
0.69
-0.01 (-1.43%)
NUREXONE BIOLOGIC INC / NRX.CA FAQ
What is the technical rating for NRX stock?
ChartMill assigns a technical rating of 2 / 10 to NRX.CA.
What is the current trend direction of NUREXONE BIOLOGIC INC (NRX.CA) stock?
The current trend direction for NUREXONE BIOLOGIC INC (NRX.CA) is Bearish.
What is the RSI signal for NRX stock?
NUREXONE BIOLOGIC INC (NRX.CA) has an RSI value of 56.4. This indicates that the stock is currently neutral.
What is the short term momentum for NRX stock?
The short term momentum for NUREXONE BIOLOGIC INC (NRX.CA) is neutral.
Can you provide the support and resistance levels for NUREXONE BIOLOGIC INC?
NUREXONE BIOLOGIC INC (NRX.CA) has a support level at 0.68 and a resistance level at 0.69. Check the full technical report for our detailed analysis of NRX.CA support and resistance levels.