RENOVORX INC (RNXT) Stock Technical Analysis
NASDAQ:RNXT - Nasdaq - US75989R1077 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to RNXT. In the last year, RNXT was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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 53% of all stocks.
RNXT is part of the Biotechnology industry. There are 550 other stocks in this industry, RNXT did better than 61% 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 1.10 - 1.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
RNXT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. 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
0.80
1.43
When analyzing the support we can see 3 important areas.
- Support @1.13 from a horizontal line in the weekly time frame.
- Support @1.10 from a horizontal line in the daily time frame.
- Support @0.81 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.34 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.38 to 1.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 RNXT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RNXT is neutral. |
| ChartMill Relative Strength | 53.23 | NEUTRAL | RNXT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RNXT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RNXT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RNXT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.02 | NEUTRAL | The RSI value for RNXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RNXT has a positive trend. |
| Stochastics (14,3) | 32.1 | NEUTRAL | The Stochastics value for RNXT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.01 | HIGH VOLATILITY | The high ATR as a percentage value for RNXT suggests high volalility. |
| Average Directional Index/ADX (14) | 15.79 | NEGATIVE | The low ADX value for RNXT 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)
1.24
+0.02 (+1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.64%
1 Week3.33%
2 Weeks0%
1 Month-4.62%
3 Month5.08%
6 Month19.23%
12 Month5.08%
2 Year-23.46%
3 Year-40.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%6.01%
ATR Inc225.16%
Range Today0.13
ADR(20)0.07
ADR(20)%6.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.23
Mansfield-0.22
10 Day High1.37
10 Day Low1.1
20 Day High1.37
20 Day Low1.1
52 Week High1.69
52 Week Low0.75
CS1 End1.13
CR1 Start1.34
Volume & EV
DER(3)15.93%
DER(5)1.4%
Volume393.20K
Volume Incr182.55%
Vol(5)298.26K
Vol(50)140.57K