NASDAQ:REAX • CA75585H2063
We assign a technical rating of 0 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.
Although the technical rating is bad, REAX does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for REAX in the last couple of days, which is a good sign.
2.73
When analyzing the resistance we notice 5 important 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 | 9.62 | NEGATIVE | REAX has a low relative strength, it was outperformed by 90.38% 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) | 41.28 | NEUTRAL | The RSI value for REAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests REAX has a positive trend. |
| Stochastics (14,3) | 40.5 | NEUTRAL | The Stochastics value for REAX is a neutral value. |
| Average True Range in percent/ATR (20) | 7 | HIGH VOLATILITY | The high ATR as a percentage value for REAX suggests high volalility. |
| Average Directional Index/ADX (14) | 40.52 | POSITIVE | The high ADX value value for REAX suggests a strong trend. |
2.76
+0.02 (+0.73%)
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 41.2781. This indicates that the stock is currently neutral.
The MACD indicator for REAL BROKERAGE INC/THE (REAX) has a value of 0.0380224, indicating a bearish trend.
The short term momentum for REAL BROKERAGE INC/THE (REAX) is negative.