Is Reata Pharmaceuticals, Inc. ($RETA) Set To Blow Up? (2019-11-13)

REPORTING FOR 2019-11-13 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how RETA has been trading over the last 2 weeks and the past day especially. On its latest session, Reata Pharmaceuticals, Inc. ($RETA) opened at 208.58, reaching a high of 217.47 and a low of 182.135 before closing at a price of 182.83. There was a total volume of 2414871.

VOLUME INDICATORS FOR REATA PHARMACEUTICALS, INC. ($RETA): We saw an accumulation-distribution index of 1547.4302, an on-balance volume of 213.67, chaikin money flow of 6.94938 and a force index of 595.97055. There was an ease of movement rating of 0.03371, a volume-price trend of 136.35337 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR REATA PHARMACEUTICALS, INC. ($RETA): We noted an average true range of 3.36437, bolinger bands of 232.60324, an upper bollinger band of 158.03176, lower bollinger band of 182.135, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 202.72833, high band keltner channel of 193.83833, low band keltner channel of 211.61833, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 182.135, a donchian channel low band of 182.135, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR REATA PHARMACEUTICALS, INC. ($RETA): We calculated a Moving Average Convergence Divergence (MACD) of 0.59152, a MACD signal of 0.32862, a MACD difference of 0.2629, a fast Exponential Moving Average (EMA) indicator of 182.135, a slow Exponential Moving Average (EMA) indicator of 182.135, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.1055, a trix of 44.04238, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -77.60848, a KST Oscillator (KST) of 742.4765 and a KST Oscillator (KST Signal) of 742.4765 (leaving a KST difference of 63.05816). We also found an Ichimoku rating of 213.025, an Ichimoku B rating of 213.025, a Ichimoku visual trend A of 118.74763, an Ichimoku visual trend B of 139.01881, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR REATA PHARMACEUTICALS, INC. ($RETA): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 74.58519, a stochastic oscillator of 397.46907, a stochastic oscillator signal of 397.46907, a Williams %R rating of 297.46907 and an awesome oscillator of -0.4075.

RETURNS FOR REATA PHARMACEUTICALS, INC. ($RETA): There was a daily return of 74.24765, a daily log return of 13.51909 and a cumulative return of 14.47553.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-13 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Reata Pharmaceuticals, Inc. ($RETA)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Reata Pharmaceuticals, Inc. ($RETA) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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