REIN THERAPEUTICS INC (RNTX) Technical Analysis
NASDAQ:RNTX • US00887A2042
Current stock price
RNTX Technical Rating and Analysis
Overall RNTX gets a technical rating of 1 out of 10. RNTX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 92% of all other stocks performed better in the past year than RNTX.
- RNTX is one of the lesser performing stocks in the Biotechnology industry. 76% of 511 stocks in the same industry do better.
- RNTX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month RNTX has a been trading in the 1.00 - 2.10 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
RNTX Weekly and Daily overview Charts
RNTX Setup Rating and Analysis
The technical rating of RNTX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
RNTX Support and Resistance Analysis
1.02
We found 1 important resistance area.
- Resistance @1.20 from a horizontal line in the daily time frame.
RNTX 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 | NEUTRAL | NEUTRAL | The long term trend for RNTX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RNTX is down. |
| ChartMill Relative Strength | 8.93 | NEGATIVE | RNTX has a low relative strength, it was outperformed by 91.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RNTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RNTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RNTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.08 | NEUTRAL | The RSI value for RNTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests RNTX has a negative trend. |
| Stochastics (14,3) | 11.3 | OVERSOLD | The low Stochastics value suggests RNTX may be oversold. |
| Average True Range in percent/ATR (20) | 20.71 | HIGH VOLATILITY | The high ATR as a percentage value for RNTX suggests high volalility. |
| Average Directional Index/ADX (14) | 27.86 | POSITIVE | The high ADX value value for RNTX suggests a strong trend. |
RNTX Chart- and CandleStick Pattern Analysis
RNTX Technicals: Chart, Performance Metrics, Trend & Indicators
1.03
-0.32 (-23.99%)
REIN THERAPEUTICS INC / RNTX TA FAQ
What is the technical rating for RNTX stock?
ChartMill assigns a technical rating of 1 / 10 to RNTX.
What is the current trend direction of REIN THERAPEUTICS INC (RNTX) stock?
The current trend direction for REIN THERAPEUTICS INC (RNTX) is Bearish.
Can you provide the RSI signal for REIN THERAPEUTICS INC?
REIN THERAPEUTICS INC (RNTX) has an RSI value of 32.0798. This indicates that the stock is currently neutral.
What is the support and resistance level for RNTX stock?
REIN THERAPEUTICS INC (RNTX) has a resistance level at 1.2. Check the full technical report for our detailed analysis of RNTX support and resistance levels.