FENNEC PHARMACEUTICALS INC (FRX.CA) Stock Technical Analysis
TSX:FRX - Toronto Stock Exchange - CA31447P1009 - Common Stock - Currency: CAD
Taking everything into account, FRX scores 0 out of 10 in our technical rating. FRX 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
91% of all other stocks performed better in the past year than FRX.
FRX is one of the lesser performing stocks in the Biotechnology industry. 61% of 22 stocks in the same industry do better.
FRX is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month FRX has a been trading in the 7.02 - 9.97 range, which is quite wide. It is currently trading near the lows of this range.
Warning: FRX has an average volume of 1319 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
FRX has a poor technical rating and the quality of the setup is also not perfect 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
6.94
9.79
When analyzing the support we notice one important area.
- A support zone ranging from 7.01 to 7.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @7.59 from a horizontal line in the daily time frame.
- Resistance @9.51 from a trend line in the weekly time frame.
- Resistance @9.69 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
CRS9.14
Mansfield-1.23
10 Day High9.26
10 Day Low7.02
20 Day High9.97
20 Day Low7.02
52 Week High14.67
52 Week Low5.65
Performance
1 Week-4.97%
2 Weeks-25.16%
1 Month-27.83%
3 Month-17.58%
6 Month22.92%
12 Month-52.8%
2 Year-33.02%
3 Year-11.5%
5 Year-19.36%
10 Year148.42%
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)-0.22
RSI(14)34.88
LBB6.4
UBB10.24
TSX:FRX (4/17/2025, 7:00:00 PM)
7.08
-0.5 (-6.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.6%
1 Week-4.97%
2 Weeks-25.16%
1 Month-27.83%
3 Month-17.58%
6 Month22.92%
12 Month-52.8%
2 Year-33.02%
3 Year-11.5%
5 Year-19.36%
10 Year148.42%
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%6.63%
ATR Inc3.3%
Range Today0
ADR(20)0.23
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.14
Mansfield-1.23
10 Day High9.26
10 Day Low7.02
20 Day High9.97
20 Day Low7.02
52 Week High14.67
52 Week Low5.65
CS1 End7.07
CR1 Start7.59
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-69.91%
Vol(5)280
Vol(50)1.32K