NUREXONE BIOLOGIC INC (NRX.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:NRX - CA67059R1091 - Common Stock
Taking everything into account, NRX scores 0 out of 10 in our technical rating. NRX'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 86% of all other stocks performed better in the past year than NRX.
- 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.
- In the last month NRX has a been trading in the 0.62 - 0.68 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: NRX has an average volume of 18128 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- NRX is an average performer in the Biotechnology industry, it outperforms 50% of 23 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
NRX 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 a resistance zone just above the current price starting at 0.65. Right above this resistance zone may be a good entry point.
More info and screens
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When analyzing the support we can see 3 important areas.
- Support @0.62 from a trend line in the weekly time frame.
- Support @0.61 from a horizontal line in the daily time frame.
- A support zone ranging from 0.60 to 0.60. 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 0.65 to 0.69. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for NRX.CA is down. |
| ChartMill Relative Strength | 14.55 | NEGATIVE | NRX.CA has a low relative strength, it was outperformed by 85.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NRX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NRX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NRX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.52 | 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) | 50 | NEUTRAL | The Stochastics value for NRX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for NRX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 49.6 | POSITIVE | The high ADX value value for NRX.CA suggests a strong trend. |
TSX-V:NRX (1/26/2026, 7:00:00 PM)
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0 (0%)
NUREXONE BIOLOGIC INC / NRX.CA FAQ
What is the technical rating for NRX stock?
ChartMill assigns a technical rating of 0 / 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 40.5162. 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 negative.
Can you provide the support and resistance levels for NUREXONE BIOLOGIC INC?
NUREXONE BIOLOGIC INC (NRX.CA) has a support level at 0.62 and a resistance level at 0.65. Check the full technical report for our detailed analysis of NRX.CA support and resistance levels.