REAL BROKERAGE INC/THE (REAX) Stock Technical Analysis
USA - NASDAQ:REAX - CA75585H2063 - Common Stock
Overall REAX gets a technical rating of 0 out of 10. 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.
More info and screens
3.62
When analyzing the support we notice one important area.
- A support zone ranging from 3.66 to 3.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @5.09 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 | NEUTRAL | NEUTRAL | The short term trend for REAX is neutral. |
| ChartMill Relative Strength | 16.61 | NEGATIVE | REAX has a low relative strength, it was outperformed by 83.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of REAX is above 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) | 52.83 | NEUTRAL | The RSI value for REAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests REAX has a positive trend. |
| Stochastics (14,3) | 64 | NEUTRAL | The Stochastics value for REAX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.88 | MEDIUM VOLATILITY | The ATR as a percentage value for REAX suggests some volalility. |
| Average Directional Index/ADX (14) | 25.32 | POSITIVE | The high ADX value value for REAX suggests a strong trend. |
3.99
+0.24 (+6.4%)
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 52.8337. 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 0.0456752, indicating a bearish trend.
What is the short term momentum for REAX stock?
The short term momentum for REAL BROKERAGE INC/THE (REAX) is neutral.