REIN THERAPEUTICS INC (RNTX) Stock Technical Analysis
NASDAQ:RNTX - Nasdaq - US00887A2042 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to RNTX. In the last year, RNTX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, RNTX is a bad performer in the overall market: 100% of all stocks are doing better.
RNTX is part of the Biotechnology industry. There are 557 other stocks in this industry, of which 92% are performing better than RNTX.
In the last month RNTX has a been trading in the 1.60 - 2.21 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.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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
1.62
2.25
We can see 3 important resistance areas.
- A resistance zone ranging from 1.89 to 1.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.01 from a trend line in the weekly time frame.
- Resistance @2.23 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 | UP | POSITIVE | The long term trend for RNTX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RNTX is down. |
| 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). |
| Relative Strength Index/RSI (14) | 33.86 | NEUTRAL | The RSI value for RNTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests RNTX has a negative trend. |
| Stochastics (14,3) | 25.87 | NEUTRAL | The Stochastics value for RNTX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.35 | HIGH VOLATILITY | The high ATR as a percentage value for RNTX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.87 | NEGATIVE | The low ADX value for RNTX suggests a weak or negative 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)
1.64
-0.16 (-8.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-8.89%
1 Week-15.9%
2 Weeks-18%
1 Month-15.03%
3 Month-14.14%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%9.35%
ATR Inc64.2%
Range Today0.22
ADR(20)0.15
ADR(20)%9.17%
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 High2.05
10 Day Low1.6
20 Day High2.21
20 Day Low1.6
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start1.89
Volume & EV
DER(3)2.47%
DER(5)2.6%
Volume21.71K
Volume Incr-20.76%
Vol(5)33.08K
Vol(50)37.88K