RENOVORX INC (RNXT) Stock Technical Analysis
NASDAQ:RNXT - US75989R1077 - Common Stock
1.17 USD
-0.07 (-5.65%)
Overall RNXT gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. RNXT was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, RNXT is a bad performer in the overall market: 76% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
RNXT is an average performer in the Biotechnology industry, it outperforms 55% of 541 stocks in the same industry.
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 0.80 - 1.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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.
More info and screens
0.81
1.43
We found 4 important support areas.
- A support zone ranging from 1.15 to 1.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.97 from a trend line in the weekly time frame.
- Support @0.88 from a trend line in the daily time frame.
- Support @0.82 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.24 to 1.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.31 from a trend line in the weekly time frame.
- Resistance @1.36 from a trend line in the daily time frame.
- Resistance @1.42 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 | NEUTRAL | NEUTRAL | The long term trend for RNXT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RNXT is up. |
| ChartMill Relative Strength | 24.43 | NEGATIVE | RNXT has a low relative strength, it was outperformed by 75.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RNXT is above the rising 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 | MIXED | The current price of RNXT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.99 | NEUTRAL | The RSI value for RNXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests RNXT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.96 | OVERBOUGHT | The high Stochastics value suggests RNXT may be overbought. |
| Average True Range in percent/ATR (20) | 9.38 | HIGH VOLATILITY | The high ATR as a percentage value for RNXT suggests high volalility. |
| Average Directional Index/ADX (14) | 23.28 | NEUTRAL | The ADX value for RNXT suggests a possible start of a new 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:RNXT (9/8/2025, 12:17:38 PM)
1.17
-0.07 (-5.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.65%
1 Week21.88%
2 Weeks24.43%
1 Month2.63%
3 Month-10%
6 Month18.69%
12 Month3.95%
2 Year-12.03%
3 Year-42.08%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%9.38%
ATR Inc-0.34%
Range Today0.11
ADR(20)0.1
ADR(20)%8.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.43
Mansfield-0.71
10 Day High1.26
10 Day Low0.89
20 Day High1.37
20 Day Low0.8
52 Week High1.69
52 Week Low0.75
CS1 End1.16
CR1 Start1.24
Volume & EV
DER(3)-11.36%
DER(5)-2.74%
Volume303.47K
Volume Incr236.92%
Vol(5)813.77K
Vol(50)234.96K