Nurix Therapeutics, Inc. Common Stock | NRIX

Daily Technical Analysis of Nurix Therapeutics, Inc. Common Stock

Nurix Therapeutics is down a bit on the day, funds flowing out kept the price down -1.43% since yesterday.

Currently NRIX isn't at a clear support/resistance line that seems tradable. But let's also consider momentum! Nurix Therapeutics has had a nice run over the last year and provided good returns to shareholders. Over the previous year, the asset has grown 254.50 percent which isn't too bad. NRIX may hit some resistance around the 21.38 level, more sellers may enter the market here and push price back down. But it's definitely not guaranteed.

Analyst Ratings for Nurix Therapeutics By Price Target And Rating

The analysts are pretty neutral on Nurix Therapeutics right now, so not much useful information here. The current Analysts Sentiment Score is 1.55. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. HC Wainwright announced a lowering of their price target to $19.00 from $35.00 on 2024-02-20. Wells Fargo & Company dropped their price target by -13.04% to $20.00 on 2024-02-16. Royal Bank of Canada announced a lowering of their price target to $22.00 from $24.00 on 2024-02-16. Needham & Company LLC announced that they are reiterating a rating of Buy on 2024-02-16 and they set their price target at $31.00. Barclays initiated a rating of Overweight on 2023-03-09 and provided a price target of $20.00. Oppenheimer initiated a rating of Outperform on 2023-02-27 and added a price target of $25.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Nurix Therapeutics

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Nurix Therapeutics

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.