NUREXONE BIOLOGIC INC (NRX.CA) Stock Technical Analysis
TSX-V:NRX - TSX Venture Exchange - CA67059R1091 - Common Stock - Currency: CAD
Overall NRX gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, NRX is a bad performer.
68% of all other stocks performed better in the past year than NRX.
The long and short term trends are both positive. This is looking good!
NRX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NRX is lagging the market.
In the last month NRX has a been trading in the 0.67 - 0.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, NRX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
0.53
0.80
4 important support areas can be observed.
- A support zone ranging from 0.67 to 0.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.64 to 0.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.57 from a trend line in the daily time frame.
- Support @0.54 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @0.75 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.78 to 0.79. 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 | UP | POSITIVE | The long term trend for NRX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NRX.CA is up. |
| ChartMill Relative Strength | 32.26 | 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) | UP | POSITIVE | The current price of NRX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NRX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.85 | NEUTRAL | The RSI value for NRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NRX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.83 | NEUTRAL | The Stochastics value for NRX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for NRX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.03 | NEGATIVE | The low ADX value for NRX.CA suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.74 | 0.66 | 0.08 (10.45%) | 9.57% |
| An entry @0.74. This is a Buy Stop order right above the 10 day moving average. | An exit @0.66. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.08 points, which is 10.45%. | For a 1.00% total portfolio risk, you can invest 9.57% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:NRX (7/18/2025, 7:00:00 PM)
0.72
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-4%
2 Weeks2.86%
1 Month4.35%
3 Month4.35%
6 Month18.03%
12 Month0%
2 Year157.14%
3 Year71.43%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%2.92%
ATR Inc-25%
Range Today0.01
ADR(20)0.02
ADR(20)%2.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.26
Mansfield0.19
10 Day High0.75
10 Day Low0.67
20 Day High0.75
20 Day Low0.67
52 Week High0.83
52 Week Low0.52
CS1 End0.67
CR1 Start0.75
Volume & EV
DER(3)0%
DER(5)0%
Volume11.00K
Volume Incr-55.06%
Vol(5)19.39K
Vol(50)34.89K