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NRX Pharmaceuticals, Inc.

Stage 3 · Topping · week 10

As of Oct 22, 2026, NRX Pharmaceuticals is in Stage 3, the topping phase, now in week 10 (since Aug 17, 2026). It closed at $2.40, 48.1% below its 52-week high and below its 200-day average, which is rising.

NRx Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops therapeutics for the treatment of central nervous system disorders comprising suicidal depression, post-traumatic stress… More about the company

$2.40
-8.75% today
$104M · Micro cap
Market Neutral — Building

Pro read

Pro

Our read

Topping: the uptrend is tiring

Setup score

—

Momentum

Steady

Edge

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Is NRXP early, or has it already run? Pro answers that for every US stock we cover, after every close.

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Loading price chart…
Stage Cycle Timeline2023-08-16 → 2026-10-22
S4 29w
S4 17w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 13w → S1 12w → S2 11w → S3 6w → S4 29w → S1 4w → S2 8w → S3 9w → S2 12w → S3 7w → S2 6w → S3 4w → S4 17w → S1 5w → S2 13w → S3 10w current
Total tracked: 165 weeks across 16 stage runs.

NRXP among Biotechnology265th of 591 by relative strength

All 591 →
Stocks in Biotechnology ranked by relative strength, with stage and one-month change
#StockStageRS1M
1GTBPStage 2 · wk 799−22.3%
2IOVAStage 2 · wk 1899+38.8%
3SLSStage 3 · wk 499−1.5%
4MRNAStage 2 · wk 1799+11.3%
5TWSTStage 2 · wk 3999−14.5%
6KODStage 2 · wk 499+172.1%
7ERASStage 3 · wk 599+0.7%
8CLYMStage 3 · wk 399−15.8%
…265NRXPStage 3 · wk 1036−24.1%
vs 52W High
-48.1%
$1.68 lo$4.62 hi
48.1% below 52W high, weakening from peak
The stock is rolling over from its 52-week high. In Stage 3 distribution, new long positions carry high risk.
Stage Maturity
Week 10
1w13w26w
Week 10, distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
-18.9%
200 DMA: $2.96 · rising
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
1.43x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution, with institutions exiting. Stage analysis reads that as a warning against new long positions.
Trend Health
↓
Short-term trend rolling over
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
-24.1%
3M
-36.0%
6M
-15.5%
YTD
-8.4%
1Y
-25.2%
Scan Membership
Breakout Watch
Latest: 2025-05-28
6 appearances in last 60 days. First seen: 2018-10-16.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S3
Wk 10 · Vol 1.43x
2026-10-21S3
Wk 10 · Vol 0.70x
2026-10-20S3
Wk 10 · Vol 1.78x
2026-10-19S3
Wk 9 · Vol 1.28x
2026-10-16S3
Wk 9 · Vol 1.47x
2026-10-15S3
Wk 9 · Vol 1.42x
2026-10-14S3
Wk 9 · Vol 0.83x
2026-10-13S3
Wk 9 · Vol 0.66x
2026-10-12S3
Wk 8 · Vol 0.56x
2026-10-09S3
Wk 8 · Vol 0.33x
2026-10-08S3
Wk 8 · Vol 0.73x
2026-10-07S3
Wk 8 · Vol 0.45x
Moving averages & range
50 DMA
$3.16
200 DMA
$2.96
52W High
$4.62
52W Low
$1.68
5D Low
$2.40
Resistance levels (recent highs)
20d High
$3.00
60d High
$3.67
120d High
$4.62
250d High
$4.62
Next resistance
+24.8%
to 20d High
Dividend Yield
0.00%
P/B -600.0

NRX Pharmaceuticals: quick answers

What stage is NRX Pharmaceuticals in?

As of Oct 22, 2026, NRX Pharmaceuticals (NRXP) is in Stage 3, the topping phase. It entered Stage 3 on Aug 17, 2026 and is in week 10. What the four stages mean

Is NRX Pharmaceuticals in an uptrend?

Its uptrend has stalled. NRX Pharmaceuticals is in Stage 3, the topping phase that follows an advance. It trades 18.9% below its 200-day average, which is rising.

How far is NRX Pharmaceuticals from its 52-week high?

NRX Pharmaceuticals closed at $2.40 on Oct 22, 2026, 48.1% below its 52-week high of $4.62. Its 52-week low is $1.68.

How has NRX Pharmaceuticals performed over the past year?

As of Oct 22, 2026, NRX Pharmaceuticals is down 25.2% over the past year and down 8.4% so far in 2026.

Which sector and industry is NRX Pharmaceuticals in?

NRX Pharmaceuticals is in the Biotechnology industry, part of the Health Care sector.

About this companyHealth Care· Biotechnology

NRx Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops therapeutics for the treatment of central nervous system disorders comprising suicidal depression, post-traumatic stress disorder (PTSD), and schizophrenia in the United States. It operates through NRx and Dura segments. The company develops NRX-101, an oral fixed-dose combination of D-cycloserine (DCS) and lurasidone in Phase 2/3 clinical testing for bipolar depression with sub-acute ideation and behavior; NRX-100, a preservative-free formulation of ketamine for intravenous infusion and for the treatment of suicidal depression; and KETAFREE, a generic preservative-free formulation of ketamine. It also provides precision-based interventional psychiatry services to patients with treatment-resistant depression and PTSD using a combination of neuroplastic drugs, transcranial magnetic stimulation (TMS), digital therapeutics, and hyperbaric therapy; ketamine infusion therapy; stellate ganglion blocks; Spravato administration; psychotherapy; and medication management. The company has a development and license agreement with Glytech LLC. NRx Pharmaceuticals, Inc. was founded in 2015 and is headquartered in Wilmington, Delaware.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.