We assign a technical rating of 1 out of 10 to REAX. REAX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, REAX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
3.42
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 4 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 | DOWN | NEGATIVE | The long term trend for REAX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for REAX is neutral. |
| ChartMill Relative Strength | 12.17 | NEGATIVE | REAX has a low relative strength, it was outperformed by 87.83% off all stocks 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) | 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) | 51.03 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 70.53 | NEUTRAL | The Stochastics value for REAX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.43 | MEDIUM VOLATILITY | The ATR as a percentage value for REAX suggests some volalility. |
| Average Directional Index/ADX (14) | 13.38 | NEGATIVE | The low ADX value for REAX suggests a weak or negative trend. |
3.88
-0.01 (-0.26%)
ChartMill assigns a technical rating of 1 / 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 51.0256. This indicates that the stock is currently neutral.
The MACD indicator for REAL BROKERAGE INC/THE (REAX) has a value of 0.0267456, indicating a bearish trend.
The short term momentum for REAL BROKERAGE INC/THE (REAX) is neutral.