RENOVORX INC (RNXT) Stock Technical Analysis
NASDAQ:RNXT • US75989R1077
Taking everything into account, RNXT scores 2 out of 10 in our technical rating. RNXT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the performance of all stocks over the past year, RNXT turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
- RNXT is part of the Biotechnology industry. There are 522 other stocks in this industry, RNXT did better than 60% of them.
- RNXT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RNXT is lagging the market.
- In the last month RNXT has a been trading in the 0.87 - 1.08 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.
RNXT 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 a support zone below the current price at 0.92, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RNXT 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
0.76
We found 3 important support areas.
- A support zone ranging from 0.91 to 0.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.81 from a horizontal line in the daily time frame.
- Support @0.77 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 0.96 to 0.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.04 to 1.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.08 from a trend line in the daily time frame.
- Resistance @1.23 from a trend line in the weekly time frame.
- Resistance @1.36 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 RNXT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RNXT is down. |
| ChartMill Relative Strength | 60.34 | NEUTRAL | RNXT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RNXT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RNXT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RNXT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.26 | NEUTRAL | The RSI value for RNXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RNXT has a negative trend. |
| Stochastics (14,3) | 35.48 | NEUTRAL | The Stochastics value for RNXT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.32 | HIGH VOLATILITY | The high ATR as a percentage value for RNXT suggests high volalility. |
| Average Directional Index/ADX (14) | 11.33 | NEGATIVE | The low ADX value for RNXT suggests a weak or negative trend. |
NASDAQ:RNXT (2/13/2026, 8:00:01 PM)
0.9333
+0 (+0.33%)
RENOVORX INC / RNXT FAQ
What is the ChartMill technical rating of RENOVORX INC (RNXT) stock?
ChartMill assigns a technical rating of 2 / 10 to RNXT.
What is the trend direction for RNXT stock?
The current trend direction for RENOVORX INC (RNXT) is Bearish.
What is the RSI signal for RNXT stock?
RENOVORX INC (RNXT) has an RSI value of 45.262. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RENOVORX INC?
The MACD indicator for RENOVORX INC (RNXT) has a value of -0.00749495, indicating a bearish trend.
What is the support and resistance level for RNXT stock?
RENOVORX INC (RNXT) has a support level at 0.92 and a resistance level at 0.96. Check the full technical report for our detailed analysis of RNXT support and resistance levels.