Question 1

What does the Stochastic Oscillator suggest about NRIX's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

How did NRIX's Momentum indicator behave recently?

Accepted Answer

NRIX saw its Momentum Indicator move above the 0 level on August 13, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 68 similar instances where the indicator turned positive. In 56 of the 68 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 3

What does MACD indicator imply for NRIX?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for NRIX just turned positive on August 16, 2024. Looking at past instances where NRIX's MACD turned positive, the stock continued to rise in 30 of 35 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

What does a 3-day price advance indicate for NRIX?

Accepted Answer

Following a +5.91% 3-day Advance, the price is estimated to grow further. Considering data from situations where NRIX advanced for three days, in 188 of 225 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 5

What does a 3-day decline signify for NRIX's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NRIX declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 6

What does NRIX breaking above its upper Bollinger Band indicate?

Accepted Answer

NRIX broke above its upper Bollinger Band on August 19, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 7

How does the Aroon Indicator reflect on NRIX's trend?

Accepted Answer

The Aroon Indicator for NRIX entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

NRIX Stock Nurix Therapeutics (NRIX, $16.86) entered Uptrend as Momentum indicator ascends above 0 level on Jun 05, 2024

Momentum Indicator for NRIX turns positive, indicating new upward trend

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