In its latest trading session, Reata Pharmaceuticals, Inc. (NASDAQ:RETA) dropped by -2.9% – here is what that looked like (as of 2020-01-06):
What’s the reason for these moves? To understand this better, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.032, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 4.203, an Accumulation/Distribution Index (ADI) of 4.203, an On-Balance Volume (OBV) of 2318.628, and a Chaiikin Money Flow (CMF) of 207.2. 2.195
Now let’s take all these indicators into account. Consulting Trading View, putting it all together gets the following:
That is what an analysis of technical indicators seems to indicate for Reata Pharmaceuticals, Inc. (NASDAQ:RETA). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.