Taking everything into account, RNXT scores 0 out of 10 in our technical rating. RNXT 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 technical rating of RNXT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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0.76
When analyzing the support we can see 5 important areas.
- Support @1.00 from a horizontal line in the daily time frame.
- A support zone ranging from 0.95 to 0.96. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A support zone ranging from 0.83 to 0.83. 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 3 important areas.
- Resistance @1.24 from a trend line in the weekly time frame.
- Resistance @1.26 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for RNXT is neutral. |
| ChartMill Relative Strength | 13.81 | NEGATIVE | RNXT has a low relative strength, it was outperformed by 86.19% off all stocks 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 | MIXED | The current price of RNXT is above a declining 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) | 54.59 | 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) | 40.52 | NEUTRAL | The Stochastics value for RNXT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.77 | HIGH VOLATILITY | The high ATR as a percentage value for RNXT suggests high volalility. |
| Average Directional Index/ADX (14) | 10.84 | NEGATIVE | The low ADX value for RNXT suggests a weak or negative trend. |
NASDAQ:RNXT (1/6/2026, 10:16:05 AM)
1.0171
+0.07 (+7.06%)
RENOVORX INC / RNXT FAQ
What is the ChartMill technical rating of RENOVORX INC (RNXT) stock?
ChartMill assigns a technical rating of 0 / 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 54.5937. 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 0.00251412, indicating a bearish trend.
What is the support and resistance level for RNXT stock?
RENOVORX INC (RNXT) has a support level at 0.83 and a resistance level at 0.95. Check the full technical report for our detailed analysis of RNXT support and resistance levels.