REAL BROKERAGE INC/THE (REAX) Stock Technical Analysis
NASDAQ:REAX - CA75585H2063 - Common Stock
5.38 USD
+0.16 (+3.07%)
5.2624 USD
-0.12 (-2.19%)
Overall REAX gets a technical rating of 8 out of 10. Although REAX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month REAX has a been trading in the 3.87 - 5.39 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
REAX has an average volume of 1528420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, REAX turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
REAX is part of the Real Estate Management & Development industry. There are 63 other stocks in this industry, REAX did better than 53% of them.
REAX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so REAX is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although REAX has an excellent technical rating, it 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.
More info and screens
3.78
5.43
4 important support areas can be observed.
- Support @4.63 from a trend line in the daily time frame.
- Support @4.02 from a trend line in the weekly time frame.
- Support @3.95 from a horizontal line in the daily time frame.
- Support @3.82 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for REAX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REAX is up. |
| ChartMill Relative Strength | 61.46 | 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 | MIXED | The current price of REAX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 79 | OVERBOUGHT | The high RSI value suggests REAX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests REAX has a positive trend. |
| Stochastics (14,3) | 91.14 | OVERBOUGHT | The high Stochastics value suggests REAX may be overbought. |
| Average True Range in percent/ATR (20) | 4.8 | MEDIUM VOLATILITY | The ATR as a percentage value for REAX suggests some volalility. |
| Average Directional Index/ADX (14) | 39.61 | POSITIVE | The high ADX value value for REAX suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
5.38
+0.16 (+3.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg3.07%
1 Week16.2%
2 Weeks19.82%
1 Month38.66%
3 Month30.58%
6 Month4.26%
12 Month-13.64%
2 Year198.89%
3 Year210.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%4.8%
ATR Inc-16.94%
Range Today0.19
ADR(20)0.26
ADR(20)%4.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.46
Mansfield0.33
10 Day High5.39
10 Day Low4.28
20 Day High5.39
20 Day Low3.87
52 Week High6.61
52 Week Low3.8
CS1 End4.63
CR1 StartN/A
Volume & EV
DER(3)0.75%
DER(5)2.66%
Volume1.83M
Volume Incr196.08%
Vol(5)4.28M
Vol(50)1.53M