Overall RNTX gets a technical rating of 2 out of 10. RNTX performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, RNTX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.30, a Stop Loss order could be placed below this zone.
More info and screens
1.10
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.29 to 1.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.21 to 1.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.17 from a horizontal line in the weekly time frame.
- Support @1.11 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.40 to 1.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.49 from a trend line in the daily time frame.
- Resistance @1.56 from a trend line 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 | NEUTRAL | NEUTRAL | The long term trend for RNTX is neutral. |
| 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) | 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) | 44.06 | NEUTRAL | The RSI value for RNTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RNTX has a negative trend. |
| Stochastics (14,3) | 29.76 | NEUTRAL | The Stochastics value for RNTX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.2 | HIGH VOLATILITY | The high ATR as a percentage value for RNTX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.81 | NEGATIVE | The low ADX value for RNTX suggests a weak or negative trend. |
1.32
-0.03 (-2.22%)
REIN THERAPEUTICS INC / RNTX FAQ
What is the technical rating for RNTX stock?
ChartMill assigns a technical rating of 2 / 10 to RNTX.
What is the trend direction for RNTX stock?
The current trend direction for REIN THERAPEUTICS INC (RNTX) is Bearish.
What is the RSI signal for REIN THERAPEUTICS INC (RNTX) stock?
REIN THERAPEUTICS INC (RNTX) has an RSI value of 44.0597. This indicates that the stock is currently neutral.
What is the MACD signal for RNTX stock?
The MACD indicator for REIN THERAPEUTICS INC (RNTX) has a value of -0.0138137, indicating a bearish trend.
What are the support and resistance levels for REIN THERAPEUTICS INC (RNTX) stock?
REIN THERAPEUTICS INC (RNTX) has a support level at 1.3 and a resistance level at 1.4. Check the full technical report for our detailed analysis of RNTX support and resistance levels.