FENNEC PHARMACEUTICALS INC (FENC) Stock Technical Analysis
NASDAQ:FENC - Nasdaq - CA31447P1009 - Common Stock - Currency: USD
Overall FENC gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, FENC is a bad performer.
70% of all other stocks performed better in the past year than FENC.
The long and short term trends are both positive. This is looking good!
FENC is part of the Biotechnology industry. There are 572 other stocks in this industry. FENC outperforms 74% of them.
In the last month FENC has a been trading in the 6.16 - 7.06 range, which is quite wide. It is currently trading near the high of this range.
FENC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Besides having an excellent technical rating, FENC also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 6.80, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.60
7.10
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.64 to 6.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.36 to 6.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.66 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.03 to 7.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.04
Mansfield0.04
10 Day High7.06
10 Day Low6.53
20 Day High7.06
20 Day Low6.16
52 Week High11.49
52 Week Low3.96
Performance
1 Week-1.99%
2 Weeks3.46%
1 Month3.3%
3 Month11.51%
6 Month30.06%
12 Month-28.78%
2 Year-17.31%
3 Year22.86%
5 Year15.82%
10 YearN/A
15 YearN/A
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)60.39
LBB6.55
UBB6.97
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.04 | 6.63 | 0.41 (5.82%) | 17.17% |
| An entry @7.04. This is a Buy Stop order right above the resistance zone. | An exit @6.63. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.41 points, which is 5.82%. | For a 1.00% total portfolio risk, you can invest 17.17% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
6.88
+0.07 (+1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.03%
1 Week-1.99%
2 Weeks3.46%
1 Month3.3%
3 Month11.51%
6 Month30.06%
12 Month-28.78%
2 Year-17.31%
3 Year22.86%
5 Year15.82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%3.82%
ATR Inc18.1%
Range Today0.29
ADR(20)0.26
ADR(20)%3.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.04
Mansfield0.04
10 Day High7.06
10 Day Low6.53
20 Day High7.06
20 Day Low6.16
52 Week High11.49
52 Week Low3.96
CS1 End6.8
CR1 Start7.03
Volume & EV
DER(3)-3.03%
DER(5)-6.7%
Volume56.60K
Volume Incr7.79%
Vol(5)50.38K
Vol(50)57.06K