NRX PHARMACEUTICALS INC (NRXP) Stock Technical Analysis
USA - NASDAQ:NRXP - US6294442099 - Common Stock
3.21 USD
-0.1 (-3.02%)
3.3015 USD
+0.09 (+2.85%)
Overall NRXP gets a technical rating of 9 out of 10. Both in the recent history as in the last year, NRXP has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
NRXP is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 91% of 191 stocks in the same industry.
In the last month NRXP has a been trading in the 2.83 - 3.84 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that NRXP is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
NRXP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NRXP is lagging the market.
Although NRXP has an excellent technical rating, it does not offer a high quality setup 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
2.51
3.72
We found 3 important support areas.
- Support @3.11 from a trend line in the daily time frame.
- A support zone ranging from 2.99 to 3.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.54 to 2.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 3.24 to 3.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.45 from a horizontal line in the weekly time frame.
- Resistance @3.59 from a trend line in the daily time frame.
- A resistance zone ranging from 3.65 to 3.68. 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 NRXP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NRXP is up. |
| ChartMill Relative Strength | 95.64 | POSITIVE | NRXP has a high relative strength, it outperformed 95.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NRXP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NRXP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NRXP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.18 | NEUTRAL | The RSI value for NRXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests NRXP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.84 | NEUTRAL | The Stochastics value for NRXP is a neutral value. |
| Average True Range in percent/ATR (20) | 7.73 | HIGH VOLATILITY | The high ATR as a percentage value for NRXP suggests high volalility. |
| Average Directional Index/ADX (14) | 25.77 | POSITIVE | The high ADX value value for NRXP suggests a strong 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)
3.21
-0.1 (-3.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-3.02%
1 Week5.25%
2 Weeks-12.53%
1 Month12.63%
3 Month7%
6 Month55.07%
12 Month165.29%
2 Year-1.23%
3 Year-60.37%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%7.73%
ATR Inc6.8%
Range Today0.24
ADR(20)0.24
ADR(20)%7.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.64
Mansfield1.47
10 Day High3.75
10 Day Low2.95
20 Day High3.84
20 Day Low2.83
52 Week High6.01
52 Week Low1.12
CS1 End3.11
CR1 Start3.24
Volume & EV
DER(3)-5.34%
DER(5)-4.05%
Volume328.00K
Volume Incr15.8%
Vol(5)487.42K
Vol(50)471.55K