REAL BROKERAGE INC/THE (REAX) Stock Technical Analysis
NASDAQ:REAX - Nasdaq - CA75585H2063 - Common Stock - Currency: USD
We assign a technical rating of 0 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, REAX is a bad performer in the overall market: 93% of all stocks are doing better.
REAX is one of the lesser performing stocks in the Real Estate Management & Development industry. 80% of 64 stocks in the same industry do better.
REAX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month REAX has a been trading in the 3.79 - 4.62 range, which is quite wide. It is currently trading near the lows of this range.
REAX has an average volume of 1071250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
3.80
5.54
We can see 3 important resistance areas.
- A resistance zone ranging from 4.16 to 4.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.47 from a horizontal line in the daily time frame.
- Resistance @5.49 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 | DOWN | NEGATIVE | The short term trend for REAX is down. |
| ChartMill Relative Strength | 7.41 | NEGATIVE | REAX has a low relative strength, it was outperformed by 92.59% 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) | 35.76 | NEUTRAL | The RSI value for REAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests REAX has a negative trend. |
| Stochastics (14,3) | 9.01 | OVERSOLD | The low Stochastics value suggests REAX may be oversold. |
| Average True Range in percent/ATR (20) | 4.59 | MEDIUM VOLATILITY | The ATR as a percentage value for REAX suggests some volalility. |
| Average Directional Index/ADX (14) | 17.56 | NEGATIVE | The low ADX value for REAX suggests a weak or negative 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)
3.84
-0.11 (-2.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-2.78%
1 Week-4.95%
2 Weeks-10.49%
1 Month-3.03%
3 Month-17.77%
6 Month-15.42%
12 Month-33.56%
2 Year129.94%
3 Year159.46%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%4.59%
ATR Inc-24.89%
Range Today0.16
ADR(20)0.17
ADR(20)%4.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.41
Mansfield-2.85
10 Day High4.34
10 Day Low3.81
20 Day High4.62
20 Day Low3.8
52 Week High6.75
52 Week Low3.8
CS1 EndN/A
CR1 Start4.16
Volume & EV
DER(3)6.35%
DER(5)3.63%
Volume1.19M
Volume Incr-32.48%
Vol(5)729.25K
Vol(50)1.07M