Should You Buy Quoin Pharmaceuticals Ltd (QNRX) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Quoin Pharmaceuticals Ltd (QNRX) is not a strong buy at the moment for a beginner, long-term investor. While the stock shows potential due to its pipeline developments and regulatory designations, the financial performance remains weak, and technical indicators suggest caution. The lack of strong trading signals and neutral sentiment from insiders and hedge funds further supports a hold recommendation.
Technical Analysis
The MACD histogram is negative (-0.279) and contracting, indicating bearish momentum. The RSI at 17.496 suggests the stock is oversold. Moving averages are converging, showing indecision in price movement. Key support is at 9.637, and resistance is at 11.107. The stock is trading below its pivot level, indicating weakness.