NEURAXIS INC (NRXS) Stock Technical Analysis
NYSEARCA:NRXS - NYSE Arca - US64134X2018 - Common Stock - Currency: USD
Taking everything into account, NRXS scores 2 out of 10 in our technical rating. NRXS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, NRXS is a bad performer in the overall market: 76% of all stocks are doing better.
NRXS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NRXS is lagging the market.
In the last month NRXS has a been trading in the 2.07 - 6.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
NRXS has an average volume of 2002920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
NRXS is an average performer in the Health Care Equipment & Supplies industry, it outperforms 57% of 188 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
The technical rating of NRXS is bad and it also does not present a 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
2.26
3.22
We found 1 important support area.
- A support zone ranging from 2.28 to 2.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @3.00 from a trend line in the weekly time frame.
- Resistance @3.19 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for NRXS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NRXS is down. |
| ChartMill Relative Strength | 24.26 | NEGATIVE | NRXS has a low relative strength, it was outperformed by 75.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NRXS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NRXS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NRXS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.24 | NEUTRAL | The RSI value for NRXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests NRXS has a negative trend. |
| Stochastics (14,3) | 3.96 | OVERSOLD | The low Stochastics value suggests NRXS may be oversold. |
| Average True Range in percent/ATR (20) | 20.07 | HIGH VOLATILITY | The high ATR as a percentage value for NRXS suggests high volalility. |
| Average Directional Index/ADX (14) | 28.61 | POSITIVE | The high ADX value value for NRXS 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)
2.29
-0.01 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.43%
1 Week-12.26%
2 Weeks-16.12%
1 Month-2.97%
3 Month6.02%
6 Month-7.66%
12 Month-22.9%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%20.07%
ATR Inc-43%
Range Today0.08
ADR(20)0.37
ADR(20)%16.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.26
Mansfield-1.66
10 Day High2.84
10 Day Low2.26
20 Day High6.2
20 Day Low2.07
52 Week High6.2
52 Week Low1.33
CS1 End2.28
CR1 Start3
Volume & EV
DER(3)-7.45%
DER(5)-4.2%
Volume90.20K
Volume Incr-95.38%
Vol(5)226.62K
Vol(50)2.00M