Our Analysis of Reata Pharmaceuticals, Inc. (NASDAQ:RETA) (2020-01-03)

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REPORTING FOR 2020-01-03 | WCX19.ORG: 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. (NASDAQ:RETA) opened at 206.42, reaching a high of 207.765 and a low of 201.0 before closing at a price of 207.2. There was a total volume of 456863.

VOLUME INDICATORS FOR REATA PHARMACEUTICALS, INC. (NASDAQ:RETA): We saw an accumulation-distribution index of 2140.71244, an on-balance volume of 204.43, chaikin money flow of 9.05948 and a force index of -4.8576. There was an ease of movement rating of 0.03647, a volume-price trend of 83.09291 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR REATA PHARMACEUTICALS, INC. (NASDAQ:RETA): We noted an average true range of 4.17317, bolinger bands of 204.0436, an upper bollinger band of 199.5464, lower bollinger band of 201.0, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 205.06167, high band keltner channel of 203.71667, low band keltner channel of 206.40667, 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 201.0, a donchian channel low band of 201.0, 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. (NASDAQ:RETA): We calculated a Moving Average Convergence Divergence (MACD) of 0.03567, a MACD signal of 0.01982, a MACD difference of 0.01585, a fast Exponential Moving Average (EMA) indicator of 201.0, a slow Exponential Moving Average (EMA) indicator of 201.0, 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 0.27818, a trix of 18.6654, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -57.62895, a KST Oscillator (KST) of 401.95669 and a KST Oscillator (KST Signal) of 401.95669 (leaving a KST difference of 2.77253). We also found an Ichimoku rating of 207.0925, an Ichimoku B rating of 207.0925, a Ichimoku visual trend A of 159.88314, an Ichimoku visual trend B of 179.43452, 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. (NASDAQ: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 91.40351, a stochastic oscillator of 502.97398, a stochastic oscillator signal of 502.97398, a Williams %R rating of 402.97398 and an awesome oscillator of 1.11287.

RETURNS FOR REATA PHARMACEUTICALS, INC. (NASDAQ:RETA): There was a daily return of 40.19567, a daily log return of 0.78793 and a cumulative return of 0.79104.

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 2020-01-03 (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. (NASDAQ: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. (NASDAQ: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.