QUOIN PHARMACEUTICALS LT-ADR (QNRX) Stock Technical Analysis
NASDAQ:QNRX - Nasdaq - US74907L4095 - ADR - Currency: USD
Taking everything into account, QNRX scores 3 out of 10 in our technical rating. In the past year, QNRX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
95% of all other stocks performed better in the past year than QNRX.
QNRX is one of the lesser performing stocks in the Biotechnology industry. 73% of 559 stocks in the same industry do better.
QNRX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
QNRX has an average volume of 4687430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month QNRX has a been trading in the 6.21 - 9.90 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.
QNRX has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
7.02
9.76
When analyzing the support we can see 2 important areas.
- Support @8.31 from a horizontal line in the daily time frame.
- Support @7.09 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 8.63 to 8.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.91 to 9.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.35 from a trend line in the daily time frame.
- Resistance @9.66 from a trend line in the daily 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 QNRX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QNRX is neutral. |
| ChartMill Relative Strength | 5.21 | NEGATIVE | QNRX has a low relative strength, it was outperformed by 94.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of QNRX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QNRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QNRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.02 | NEUTRAL | The RSI value for QNRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests QNRX has a negative trend. |
| Stochastics (14,3) | 20.36 | NEUTRAL | The Stochastics value for QNRX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.61 | HIGH VOLATILITY | The high ATR as a percentage value for QNRX suggests high volalility. |
| Average Directional Index/ADX (14) | 35.97 | POSITIVE | The high ADX value value for QNRX 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)
NASDAQ:QNRX (6/12/2025, 8:23:52 PM)
8.47
-0.02 (-0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.24%
1 Week-3.26%
2 Weeks-6.62%
1 Month10.72%
3 Month-20.5%
6 Month-63.44%
12 Month-64.73%
2 Year-95.97%
3 Year-99.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%7.61%
ATR Inc-32.9%
Range Today0.32
ADR(20)0.64
ADR(20)%7.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.21
Mansfield-5.16
10 Day High9.3
10 Day Low8.05
20 Day High9.9
20 Day Low6.21
52 Week High54.95
52 Week Low5.01
CS1 End8.31
CR1 Start8.63
Volume & EV
DER(3)-10.65%
DER(5)-6.96%
Volume11.70K
Volume Incr-97.8%
Vol(5)11.52K
Vol(50)4.69M