USA - NASDAQ:REAX - CA75585H2063 - Common Stock
Taking everything into account, REAX scores 0 out of 10 in our technical rating. 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.
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.
3.53
We can see 4 important resistance 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 | DOWN | NEGATIVE | The short term trend for REAX is down. |
| ChartMill Relative Strength | 11.13 | NEGATIVE | REAX has a low relative strength, it was outperformed by 88.87% 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) | 29.84 | OVERSOLD | The low RSI value suggests REAX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests REAX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 32.06 | NEUTRAL | The Stochastics value for REAX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.72 | MEDIUM VOLATILITY | The ATR as a percentage value for REAX suggests some volalility. |
| Average Directional Index/ADX (14) | 25.24 | POSITIVE | The high ADX value value for REAX suggests a strong trend. |
3.57
-0.29 (-7.51%)
ChartMill assigns a technical rating of 0 / 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 29.8413. This indicates that the stock is currently oversold.
The MACD indicator for REAL BROKERAGE INC/THE (REAX) has a value of 0.00498523, indicating a bearish trend.
The short term momentum for REAL BROKERAGE INC/THE (REAX) is negative.