Overall REAX gets a technical rating of 4 out of 10. In the past year, REAX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
REAX has an average technical rating and it also does not offer a high 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.
3.44
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 3 important areas.
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 REAX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REAX is up. |
| ChartMill Relative Strength | 37.56 | NEUTRAL | REAX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of REAX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of REAX is above the rising 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) | 59.69 | NEUTRAL | The RSI value for REAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests REAX has a positive trend. |
| Stochastics (14,3) | 77.46 | NEUTRAL | The Stochastics value for REAX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.19 | HIGH VOLATILITY | The high ATR as a percentage value for REAX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.77 | NEGATIVE | The low ADX value for REAX suggests a weak or negative trend. |
4.12
+0.24 (+6.19%)
ChartMill assigns a technical rating of 4 / 10 to REAX.
The current trend direction for REAL BROKERAGE INC/THE (REAX) is Bearish.
REAL BROKERAGE INC/THE (REAX) has an RSI value of 59.6948. This indicates that the stock is currently neutral.
The MACD indicator for REAL BROKERAGE INC/THE (REAX) has a value of 0.0277109, indicating a bearish trend.
The short term momentum for REAL BROKERAGE INC/THE (REAX) is positive.