REIN THERAPEUTICS INC (RNTX) Stock Technical Analysis
NASDAQ:RNTX - US00887A2042 - Common Stock
1.39 USD
+0.26 (+23.01%)
1.44 USD
+0.05 (+3.6%)
We assign a technical rating of 1 out of 10 to RNTX. RNTX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
100% of all other stocks performed better in the past year than RNTX.
RNTX is part of the Biotechnology industry. There are 542 other stocks in this industry, of which 92% are performing better than RNTX.
In the last month RNTX has a been trading in the 1.04 - 1.40 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of RNTX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.10
1.95
When analyzing the support we notice one important area.
- Support @1.11 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.40 to 1.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.60 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.92 to 1.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for RNTX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RNTX is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | RNTX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RNTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RNTX is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 58.98 | NEUTRAL | The RSI value for RNTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests RNTX has a positive trend. |
| Stochastics (14,3) | 47.63 | NEUTRAL | The Stochastics value for RNTX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.73 | HIGH VOLATILITY | The high ATR as a percentage value for RNTX suggests high volalility. |
| Average Directional Index/ADX (14) | 25 | NEUTRAL | The ADX value for RNTX suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.39
+0.26 (+23.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg23.01%
1 Week9.45%
2 Weeks16.42%
1 Month25.23%
3 Month-28.72%
6 Month-33.49%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%7.73%
ATR Inc76.29%
Range Today0.25
ADR(20)0.11
ADR(20)%7.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.4
10 Day Low1.06
20 Day High1.4
20 Day Low1.04
52 Week HighN/A
52 Week LowN/A
CS1 End1.11
CR1 Start1.4
Volume & EV
DER(3)-16.97%
DER(5)-13.27%
Volume644.50K
Volume Incr169.52%
Vol(5)185.98K
Vol(50)65.95K