REIN THERAPEUTICS INC (RNTX) Stock Technical Analysis
NASDAQ:RNTX - Nasdaq - US00887A2042 - Common Stock - Currency: USD
Taking everything into account, RNTX scores 0 out of 10 in our technical rating. 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.
100% of all other stocks performed better in the past year than RNTX.
RNTX is one of the lesser performing stocks in the Biotechnology industry. 91% of 558 stocks in the same industry do better.
In the last month RNTX has a been trading in the 1.33 - 1.97 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Considerably lower volume is observed in the last couple of days.
RNTX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.39, a Stop Loss order could be placed below this zone.
More info and screens
1.38
2.16
When analyzing the support we notice one important area.
- A support zone ranging from 1.39 to 1.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.48 to 1.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.56 to 1.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.88 from a trend line in the weekly time frame.
- Resistance @1.92 from a horizontal line in the daily time frame.
- Resistance @2.14 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 | 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) | 35.96 | NEUTRAL | The RSI value for RNTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RNTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.7 | NEUTRAL | The Stochastics value for RNTX is a neutral value. |
| Average True Range in percent/ATR (20) | 10.76 | HIGH VOLATILITY | The high ATR as a percentage value for RNTX suggests high volalility. |
| Average Directional Index/ADX (14) | 30.7 | POSITIVE | The high ADX value value for RNTX suggests a strong 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)
1.44
-0.04 (-2.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.7%
1 Week-4.64%
2 Weeks-0.69%
1 Month-26.15%
3 Month-15.79%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%10.76%
ATR Inc-45.61%
Range Today0.09
ADR(20)0.15
ADR(20)%10.48%
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 High1.6
10 Day Low1.33
20 Day High1.97
20 Day Low1.33
52 Week HighN/A
52 Week LowN/A
CS1 End1.39
CR1 Start1.48
Volume & EV
DER(3)-28.65%
DER(5)-25.51%
Volume9.80K
Volume Incr-55.31%
Vol(5)16.34K
Vol(50)39.65K