We assign a technical rating of 1 out of 10 to REAX. REAX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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: 84% of all stocks are doing better.
- REAX is part of the Real Estate Management & Development industry. There are 62 other stocks in this industry, of which 70% are performing better than REAX.
- REAX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month REAX has a been trading in the 3.40 - 4.32 range, which is quite wide. It is currently trading near the lows of this range.
- REAX has an average volume of 1486770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
REAX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.47, a Stop Loss order could be placed below this zone.
More info and screens
3.37
2 important support areas can be observed.
- Support @3.47 from a horizontal line in the daily time frame.
- Support @3.40 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 3.68 to 3.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.78 to 3.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.13 from a trend line in the daily time frame.
- Resistance @4.27 from a horizontal line in the daily time frame.
- Resistance @4.79 from a trend line in the weekly time frame.
- Resistance @5.28 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 | 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 | 16.95 | NEGATIVE | REAX has a low relative strength, it was outperformed by 83.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of REAX is below 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) | 42.33 | NEUTRAL | The RSI value for REAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests REAX has a negative trend. |
| Stochastics (14,3) | 15.73 | OVERSOLD | The low Stochastics value suggests REAX may be oversold. |
| Average True Range in percent/ATR (20) | 5.48 | HIGH VOLATILITY | The high ATR as a percentage value for REAX suggests high volalility. |
| Average Directional Index/ADX (14) | 12.63 | NEGATIVE | The low ADX value for REAX suggests a weak or negative trend. |
3.58
-0.08 (-2.19%)
REAL BROKERAGE INC/THE / REAX FAQ
What is the technical rating for REAX stock?
ChartMill assigns a technical rating of 1 / 10 to REAX.
Can you provide the trend direction for REAL BROKERAGE INC/THE?
The current trend direction for REAL BROKERAGE INC/THE (REAX) is Bearish.
Can you provide the RSI signal for REAL BROKERAGE INC/THE?
REAL BROKERAGE INC/THE (REAX) has an RSI value of 42.3335. This indicates that the stock is currently neutral.
What is the MACD signal for REAL BROKERAGE INC/THE (REAX) stock?
The MACD indicator for REAL BROKERAGE INC/THE (REAX) has a value of -0.0219964, indicating a bearish trend.
Can you provide the short term momentum for REAL BROKERAGE INC/THE?
The short term momentum for REAL BROKERAGE INC/THE (REAX) is negative.