REAL BROKERAGE INC/THE (REAX) Stock Technical Analysis
USA - NASDAQ:REAX - CA75585H2063 - Common Stock
We assign a technical rating of 0 out of 10 to REAX. REAX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of REAX 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
3.66
We found 1 important support area.
- Support @3.70 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @4.02 from a horizontal line in the daily time frame.
- Resistance @5.14 from a trend line in the weekly time frame.
- Resistance @5.28 from a horizontal line in the weekly time frame.
- Resistance @5.41 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for REAX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for REAX is down. |
| ChartMill Relative Strength | 13.1 | NEGATIVE | REAX has a low relative strength, it was outperformed by 86.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of REAX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of REAX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of REAX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.52 | NEUTRAL | The RSI value for REAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests REAX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.99 | OVERSOLD | The low Stochastics value suggests REAX may be oversold. |
| Average True Range in percent/ATR (20) | 4.95 | MEDIUM VOLATILITY | The ATR as a percentage value for REAX suggests some volalility. |
| Average Directional Index/ADX (14) | 27.68 | POSITIVE | The high ADX value value for REAX suggests a strong trend. |
3.72
+0.25 (+7.2%)
REAL BROKERAGE INC/THE / REAX FAQ
What is the technical rating for REAX stock?
ChartMill assigns a technical rating of 0 / 10 to REAX.
What is the current trend direction of REAL BROKERAGE INC/THE (REAX) stock?
The current trend direction for REAL BROKERAGE INC/THE (REAX) is Bearish.
What is the RSI signal for REAX stock?
REAL BROKERAGE INC/THE (REAX) has an RSI value of 39.5178. This indicates that the stock is currently neutral.
What is the MACD signal for REAX stock?
The MACD indicator for REAL BROKERAGE INC/THE (REAX) has a value of -0.00150521, indicating a bearish trend.
What is the short term momentum for REAX stock?
The short term momentum for REAL BROKERAGE INC/THE (REAX) is negative.