CHICAGO ATLANTIC REAL ESTATE (REFI) Technical Analysis
NASDAQ:REFI • US1672391026
Current stock price
11.74 USD
-0.43 (-3.53%)
At close:
12.26 USD
+0.52 (+4.43%)
After Hours:
REFI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to REFI. REFI 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 82% of all other stocks performed better in the past year than REFI.
- REFI is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry, of which 71% are performing better than REFI.
- REFI 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 REFI has a been trading in the 10.74 - 12.43 range, which is quite wide. It is currently trading near the high of this range.
REFI Weekly and Daily overview Charts
REFI Setup Rating and Analysis
The technical rating of REFI 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
REFI Support and Resistance Analysis
11.62
16.18
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 11.77 to 12.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.41 to 12.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @12.69 from a horizontal line in the daily time frame.
- A resistance zone ranging from 13.31 to 13.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 16.02 to 16.02. This zone is formed by a combination of multiple trend lines in the weekly time frame.
REFI Technical Indicator Signal Analysis
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 REFI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for REFI is neutral. |
| ChartMill Relative Strength | 18.4 | NEGATIVE | REFI has a low relative strength, it was outperformed by 81.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of REFI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of REFI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of REFI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.32 | NEUTRAL | The RSI value for REFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests REFI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.17 | OVERBOUGHT | The high Stochastics value suggests REFI may be overbought. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for REFI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.5 | NEUTRAL | The ADX value for REFI suggests a possible start of a new trend. |
REFI Chart- and CandleStick Pattern Analysis
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)
REFI Technicals: Chart, Performance Metrics, Trend & Indicators
11.74
-0.43 (-3.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-3.53%
1 Week-1.01%
2 Weeks4.63%
1 Month-5.32%
3 Month-5.55%
6 Month-10.93%
12 Month-17.56%
2 Year-25.41%
3 Year-17.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%2.65%
ATR Inc18.52%
Range Today0.5
ADR(20)0.29
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.4
3 months CRS29.66
6 months CRS26
Mansfield-1.74
10 Day High12.24
10 Day Low11.29
20 Day High12.43
20 Day Low10.74
52 Week High15.2
52 Week Low10.74
CS1 EndN/A
CR1 Start11.77
Volume & EV
DER(3)1.9%
DER(5)-1.43%
Volume176.16K
Volume Incr-27.34%
Vol(5)151.19K
Vol(50)166.92K
CHICAGO ATLANTIC REAL ESTATE / REFI TA FAQ
Can you provide the ChartMill technical rating for CHICAGO ATLANTIC REAL ESTATE?
ChartMill assigns a technical rating of 0 / 10 to REFI.
What is the trend direction for REFI stock?
The current trend direction for CHICAGO ATLANTIC REAL ESTATE (REFI) is Bearish.
What is the RSI signal for CHICAGO ATLANTIC REAL ESTATE (REFI) stock?
CHICAGO ATLANTIC REAL ESTATE (REFI) has an RSI value of 48.3167. This indicates that the stock is currently neutral.
What is the MACD signal for CHICAGO ATLANTIC REAL ESTATE (REFI) stock?
The MACD indicator for CHICAGO ATLANTIC REAL ESTATE (REFI) has a value of 0.0811613, indicating a bearish trend.