QUOIN PHARMACEUTICALS LT-ADR (QNRX) Stock Technical Analysis
NASDAQ:QNRX - US74907L4095 - ADR
7.5 USD
+0.12 (+1.63%)
Taking everything into account, QNRX scores 1 out of 10 in our technical rating. QNRX 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.
When comparing the yearly performance of all stocks, QNRX is a bad performer in the overall market: 96% of all stocks are doing better.
QNRX is one of the lesser performing stocks in the Biotechnology industry. 78% of 547 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.
Warning: QNRX has an average volume of 4874 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month QNRX has a been trading in the 6.63 - 7.85 range, which is quite wide. It is currently trading near the high 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. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 7.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.28, a Stop Loss order could be placed below this zone.
More info and screens
6.62
9.23
We found 4 important support areas.
- A support zone ranging from 7.18 to 7.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.03 from a trend line in the daily time frame.
- Support @6.81 from a horizontal line in the weekly time frame.
- Support @6.69 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.51 to 7.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.28 from a trend line in the daily time frame.
- Resistance @9.14 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 | 4.55 | NEGATIVE | QNRX has a low relative strength, it was outperformed by 95.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QNRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QNRX is below a declining 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) | 50.05 | NEUTRAL | The RSI value for QNRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests QNRX has a positive trend. |
| Stochastics (14,3) | 56.43 | NEUTRAL | The Stochastics value for QNRX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for QNRX suggests some volalility. |
| Average Directional Index/ADX (14) | 10.92 | NEGATIVE | The low ADX value for QNRX suggests a weak or negative 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 (8/28/2025, 8:00:02 PM)
7.5
+0.12 (+1.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.63%
1 Week3.01%
2 Weeks2.67%
1 Month11.94%
3 Month-12.07%
6 Month-31.03%
12 Month-65.77%
2 Year-96.27%
3 Year-99.45%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%4.19%
ATR Inc-44.76%
Range Today0.14
ADR(20)0.27
ADR(20)%3.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.55
Mansfield-5.14
10 Day High7.64
10 Day Low7.05
20 Day High7.85
20 Day Low6.63
52 Week High54.95
52 Week Low5.01
CS1 End7.28
CR1 Start7.51
Volume & EV
DER(3)-8.22%
DER(5)-0.88%
Volume1.70K
Volume Incr-45.74%
Vol(5)2.42K
Vol(50)4.87K