QUOIN PHARMACEUTICALS LT-ADR (QNRX) Stock Technical Analysis
NASDAQ:QNRX - Nasdaq - US74907L4095 - ADR - Currency: USD
We assign a technical rating of 3 out of 10 to QNRX. 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.
When comparing the yearly performance of all stocks, QNRX is a bad performer in the overall market: 94% of all stocks are doing better.
QNRX is one of the lesser performing stocks in the Biotechnology industry. 66% of 557 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. The S&P500 Index is trading in the upper part of its 52 week range, so QNRX is lagging the market.
In the last month QNRX has a been trading in the 8.00 - 9.90 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, QNRX does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 8.48, a Stop Loss order could be placed below this zone.
More info and screens
7.24
9.97
2 important support areas can be observed.
- A support zone ranging from 8.31 to 8.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.31 to 7.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @8.91 from a horizontal line in the weekly time frame.
- Resistance @9.14 from a trend line in the daily time frame.
- Resistance @9.58 from a trend line in the daily time frame.
- Resistance @9.87 from a horizontal 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 | 6.86 | NEGATIVE | QNRX has a low relative strength, it was outperformed by 93.14% 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) | 56.55 | NEUTRAL | The RSI value for QNRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests QNRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.5 | NEUTRAL | The Stochastics value for QNRX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.36 | HIGH VOLATILITY | The high ATR as a percentage value for QNRX suggests high volalility. |
| Average Directional Index/ADX (14) | 28.88 | 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 (6/20/2025, 8:00:02 PM)
8.7
+0.3 (+3.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.6%
1 Week2.72%
2 Weeks-0.63%
1 Month2.72%
3 Month-17.14%
6 Month-56.31%
12 Month-59.41%
2 Year-95.86%
3 Year-99.63%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%6.36%
ATR Inc2.22%
Range Today0.71
ADR(20)0.55
ADR(20)%6.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.86
Mansfield-4.87
10 Day High8.95
10 Day Low8
20 Day High9.9
20 Day Low8
52 Week High54.95
52 Week Low5.01
CS1 End8.48
CR1 Start8.91
Volume & EV
DER(3)1.25%
DER(5)-0.76%
Volume13.50K
Volume Incr-72.6%
Vol(5)10.20K
Vol(50)232.06K