DURECT CORPORATION (DRRX) Stock Technical Analysis
NASDAQ:DRRX - Nasdaq - US2666055007 - Common Stock - Currency: USD
Overall DRRX gets a technical rating of 1 out of 10. DRRX 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
85% of all other stocks performed better in the past year than DRRX.
DRRX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
DRRX is an average performer in the Pharmaceuticals industry, it outperforms 48% of 194 stocks in the same industry.
In the last month DRRX has a been trading in the 0.71 - 0.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, DRRX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.81. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for DRRX 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
0.73
1.25
2 important support areas can be observed.
- A support zone ranging from 0.77 to 0.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.74 to 0.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 0.81 to 0.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.00 from a trend line in the weekly time frame.
- Resistance @1.12 from a trend line in the weekly time frame.
- Resistance @1.18 from a trend line in the daily time frame.
- Resistance @1.24 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.05
Mansfield-3.67
10 Day High0.83
10 Day Low0.73
20 Day High0.87
20 Day Low0.71
52 Week High1.88
52 Week Low0.7
Performance
1 Week6.55%
2 Weeks1.27%
1 Month-4.86%
3 Month-20.89%
6 Month-44.13%
12 Month-18.47%
2 Year-84.21%
3 Year-87.95%
5 Year-95.49%
10 Year-92.39%
15 Year-96.66%
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)49.75
LBB0.73
UBB0.81
NASDAQ:DRRX (2/21/2025, 8:14:26 PM)
0.799
-0.01 (-1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.36%
1 Week6.55%
2 Weeks1.27%
1 Month-4.86%
3 Month-20.89%
6 Month-44.13%
12 Month-18.47%
2 Year-84.21%
3 Year-87.95%
5 Year-95.49%
10 Year-92.39%
15 Year-96.66%
Volatility
ATR(14)0.05
ATR(20)%6.89%
ATR Inc-4.63%
Range Today0.03
ADR(20)0.05
ADR(20)%6.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.05
Mansfield-3.67
10 Day High0.83
10 Day Low0.73
20 Day High0.87
20 Day Low0.71
52 Week High1.88
52 Week Low0.7
CS1 End0.77
CR1 Start0.81
Volume & EV
DER(3)15.64%
DER(5)12.45%
Volume16.30K
Volume Incr-39.38%
Vol(5)33.82K
Vol(50)93.88K