RENOVORX INC (RNXT) Technical Analysis
NASDAQ:RNXT • US75989R1077
Current stock price
1.005 USD
+0 (+0.5%)
At close:
0.98 USD
-0.02 (-2.49%)
Pre-Market:
RNXT Technical Rating and Analysis
Overall RNXT gets a technical rating of 5 out of 10. RNXT has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 62% of all other stocks performed better in the past year than RNXT.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- RNXT is part of the Biotechnology industry. There are 516 other stocks in this industry, RNXT did better than 43% 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 0.85 - 1.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RNXT Weekly and Daily overview Charts
RNXT Setup Rating and Analysis
RNXT has an average technical rating and also the quality of the setup is only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
RNXT Support and Resistance Analysis
0.76
1.19
5 important support areas can be observed.
- A support zone ranging from 0.97 to 0.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.95 to 0.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.90 from a horizontal line in the daily time frame.
- A support zone ranging from 0.81 to 0.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.77 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 1.02 to 1.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.10 from a trend line in the weekly time frame.
- Resistance @1.12 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.14 to 1.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.18 from a trend line in the weekly time frame.
RNXT Technical Indicator Signal Analysis
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 | 38.67 | NEUTRAL | RNXT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RNXT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RNXT is above 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) | 52.43 | NEUTRAL | The RSI value for RNXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RNXT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.15 | NEUTRAL | The Stochastics value for RNXT is a neutral value. |
| Average True Range in percent/ATR (20) | 9.09 | HIGH VOLATILITY | The high ATR as a percentage value for RNXT suggests high volalility. |
| Average Directional Index/ADX (14) | 27.73 | POSITIVE | The high ADX value value for RNXT suggests a strong trend. |
RNXT Chart- and CandleStick Pattern Analysis
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)
RNXT Technicals: Chart, Performance Metrics, Trend & Indicators
1.005
+0 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.5%
1 Week-1.47%
2 Weeks7.84%
1 Month0.5%
3 Month0.92%
6 Month-14.83%
12 Month1.52%
2 Year-16.94%
3 Year-67.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%9.09%
ATR Inc-46.02%
Range Today0.04
ADR(20)0.09
ADR(20)%8.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.67
3 months CRS54.82
6 months CRS22.75
Mansfield-1.47
10 Day High1.08
10 Day Low0.85
20 Day High1.3
20 Day Low0.85
52 Week High1.45
52 Week Low0.7
CS1 End0.99
CR1 Start1.02
Volume & EV
DER(3)-2.76%
DER(5)-0.48%
Volume205.70K
Volume Incr-56.09%
Vol(5)225.92K
Vol(50)337.83K
RENOVORX INC / RNXT TA FAQ
What is the ChartMill technical rating of RENOVORX INC (RNXT) stock?
ChartMill assigns a technical rating of 5 / 10 to RNXT.
Can you provide the trend direction for RENOVORX INC?
The current trend direction for RENOVORX INC (RNXT) is Bearish.
What is the RSI signal for RENOVORX INC (RNXT) stock?
RENOVORX INC (RNXT) has an RSI value of 52.4338. This indicates that the stock is currently neutral.
What are the support and resistance levels for RENOVORX INC (RNXT) stock?
RENOVORX INC (RNXT) has a support level at 0.99 and a resistance level at 1.02. Check the full technical report for our detailed analysis of RNXT support and resistance levels.