REATA PHARMACEUTICALS INC-A (RETA) Technical Analysis
NASDAQ:RETA • US75615P1030
Current stock price
RETA Technical Rating and Analysis
Taking everything into account, RETA scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, RETA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that RETA is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, RETA also shows a nice and consistent pattern of rising prices.
- RETA is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 98% of 191 stocks in the same industry.
- RETA is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- RETA has an average volume of 1067360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month RETA has a been trading in a tight range between 168.67 and 172.46.
RETA Weekly and Daily overview Charts
RETA Setup Rating and Analysis
Besides having an excellent technical rating, RETA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 172.37. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 172.13, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
RETA Support and Resistance Analysis
123.47
When analyzing the support we can see 3 important areas.
- A support zone ranging from 168.69 to 172.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @135.46 from a trend line in the daily time frame.
- Support @124.72 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 172.37 to 172.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
RETA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for RETA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RETA is up. |
| ChartMill Relative Strength | 99.84 | POSITIVE | RETA has a high relative strength, it outperformed 99.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RETA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RETA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RETA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 84.69 | OVERBOUGHT | The high RSI value suggests RETA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.04 | NEGATIVE | The MACD value suggests RETA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 96.84 | OVERBOUGHT | The high Stochastics value suggests RETA may be overbought. |
| Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for RETA suggests low volalility. |
| Average Directional Index/ADX (14) | 71.42 | POSITIVE | The high ADX value value for RETA suggests a strong trend. |
RETA Chart- and CandleStick Pattern Analysis
RETA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 172.38 | 170.31 | 2.07 (1.20%) | 25.00% |
| An entry @172.38. This is a Buy Stop order right above the resistance zone. | An exit @170.31. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.07 points, which is 1.20%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.30%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
RETA Technicals: Chart, Performance Metrics, Trend & Indicators
172.36
+0.04 (+0.02%)
REATA PHARMACEUTICALS INC-A / RETA TA FAQ
What is the technical rating for RETA stock?
ChartMill assigns a technical rating of 10 / 10 to RETA.
Can you provide the trend direction for REATA PHARMACEUTICALS INC-A?
The current trend direction for REATA PHARMACEUTICALS INC-A (RETA) is Bullish.
What is the RSI signal for REATA PHARMACEUTICALS INC-A (RETA) stock?
REATA PHARMACEUTICALS INC-A (RETA) has an RSI value of 84.6924. This indicates that the stock is currently overbought.
What is the buy/sell signal for RETA stock?
The buy/sell signal for REATA PHARMACEUTICALS INC-A (RETA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for REATA PHARMACEUTICALS INC-A?
REATA PHARMACEUTICALS INC-A (RETA) has a support level at 172.13 and a resistance level at 172.37. Check the full technical report for our detailed analysis of RETA support and resistance levels.