Overall NRXPW gets a technical rating of 1 out of 10. NRXPW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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.
- 98% of all other stocks performed better in the past year than NRXPW.
- NRXPW 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: NRXPW has an average volume of 18416 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month NRXPW has a been trading in the 0.04 - 0.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NRXPW 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 very little resistance above the current price. There is a support zone below the current price at 0.05, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NRXPW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.05
When analyzing the support we notice one important area.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 NRXPW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NRXPW is neutral. |
| ChartMill Relative Strength | 2.45 | NEGATIVE | NRXPW has a low relative strength, it was outperformed by 97.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NRXPW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NRXPW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NRXPW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.85 | NEUTRAL | The RSI value for NRXPW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NRXPW has a positive trend. |
| Stochastics (14,3) | 24.08 | NEUTRAL | The Stochastics value for NRXPW is a neutral value. |
| Average True Range in percent/ATR (20) | 24.5 | HIGH VOLATILITY | The high ATR as a percentage value for NRXPW suggests high volalility. |
| Average Directional Index/ADX (14) | 17.79 | NEGATIVE | The low ADX value for NRXPW suggests a weak or negative trend. |
0.066
+0.01 (+11.68%)
NRX PHARMACEUTICALS INC-CW22 / NRXPW FAQ
What is the ChartMill technical rating of NRX PHARMACEUTICALS INC-CW22 (NRXPW) stock?
ChartMill assigns a technical rating of 1 / 10 to NRXPW.
What is the current trend direction of NRX PHARMACEUTICALS INC-CW22 (NRXPW) stock?
The current trend direction for NRX PHARMACEUTICALS INC-CW22 (NRXPW) is Bearish.
What is the RSI signal for NRXPW stock?
NRX PHARMACEUTICALS INC-CW22 (NRXPW) has an RSI value of 49.845. This indicates that the stock is currently neutral.
What is the MACD signal for NRX PHARMACEUTICALS INC-CW22 (NRXPW) stock?
The MACD indicator for NRX PHARMACEUTICALS INC-CW22 (NRXPW) has a value of 0.00136274, indicating a bearish trend.
What is the support and resistance level for NRXPW stock?
NRX PHARMACEUTICALS INC-CW22 (NRXPW) has a support level at 0.05. Check the full technical report for our detailed analysis of NRXPW support and resistance levels.