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Nurix Therapeutics Triggers Bearish KDJ Death Cross and Bearish Marubozu on 15min Chart.
ByAinvest
Thursday, Aug 28, 2025 11:16 am ET1min read
Based on Nurix Therapeutics' 15-minute chart, a significant trend reversal has occurred, as indicated by the KDJ Death Cross and Bearish Marubozu pattern on August 28, 2025 at 11:00. This suggests a shift in momentum towards a downward trajectory, with a potential for further declines in stock price. Sellers currently dominate the market, and this bearish momentum is likely to persist.
Based on the 15-minute chart of Nurix Therapeutics (NRIX), a significant trend reversal occurred on August 28, 2025, at 11:00. The KDJ Death Cross and Bearish Marubozu pattern indicated a shift in momentum towards a downward trajectory, suggesting potential further declines in stock price. Sellers currently dominate the market, and this bearish momentum is likely to persist.This reversal follows several recent developments for Nurix Therapeutics. The company reported its second quarter 2025 financial results, showing positive clinical developments and strategic collaborations. The company's drug, bexobrutideg (NX-5948), demonstrated an impressive 80.9% objective response rate in r/r CLL patients [2]. Additionally, Nurix secured a $15M license fee from Sanofi's STAT6 collaboration extension and received FDA clearance for IRAK4 degrader GS-6791/NX-0479 [3].
However, the stock price has been impacted by these technical indicators. The KDJ Death Cross, a bearish signal, occurs when the K-line crosses below the D-line on the KDJ indicator. The Bearish Marubozu pattern, characterized by a long white body candle with no upper or lower wick, suggests strong selling pressure. Both indicators point to a potential downward trend in the stock price.
The company's participation in upcoming investor conferences may provide more insights into its future strategy and financial performance. Nurix is scheduled to attend multiple conferences in September 2025, including Wells Fargo, H.C. Wainwright, RW Baird, Morgan Stanley, and Stifel Virtual Immunology Forum [1].
Investors should closely monitor the technical indicators and the company's financial performance as it navigates through this bearish momentum. The stock price of NRIX is currently at $9.55, and the market cap is not provided in the given reference materials [4].
References:
[1] https://www.stocktitan.net/news/NRIX/
[2] https://www.stocktitan.net/news/NRIX/
[3] https://www.stocktitan.net/news/NRIX/
[4] https://www.stocktitan.net/news/NRIX/
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