CHICAGO ATLANTIC REAL ESTATE (REFI) Stock Technical Analysis
USA - NASDAQ:REFI - US1672391026 - REIT
12.86 USD
+0.01 (+0.08%)
12.86 USD
0 (0%)
Overall REFI gets a technical rating of 1 out of 10. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
80% of all other stocks performed better in the past year 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.
REFI is an average performer in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 41% of 68 stocks in the same industry.
In the last month REFI has a been trading in the 12.00 - 13.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
REFI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
12.73
16.54
We can see 5 important resistance areas.
- A resistance zone ranging from 13.06 to 13.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.68 to 13.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.43 to 14.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 15.75 to 16.02. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @16.38 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 REFI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for REFI is down. |
| ChartMill Relative Strength | 20.87 | NEGATIVE | REFI has a low relative strength, it was outperformed by 79.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of REFI is above the rising 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) | 46.31 | NEUTRAL | The RSI value for REFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests REFI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.59 | NEUTRAL | The Stochastics value for REFI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for REFI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.92 | POSITIVE | The high ADX value value for REFI suggests a strong 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)
12.86
+0.01 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg0.08%
1 Week-2.43%
2 Weeks-2.72%
1 Month1.58%
3 Month-0.31%
6 Month-13.05%
12 Month-14.44%
2 Year-8.73%
3 Year-13.23%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%2.11%
ATR Inc-26.14%
Range Today0.21
ADR(20)0.25
ADR(20)%1.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.87
3 months CRS28.3
6 months CRS13.95
Mansfield-2.23
10 Day High13.36
10 Day Low12.71
20 Day High13.36
20 Day Low12
52 Week High16.29
52 Week Low12
CS1 EndN/A
CR1 Start13.06
Volume & EV
DER(3)-4.48%
DER(5)-2.51%
Volume88.10K
Volume Incr-47.59%
Vol(5)85.48K
Vol(50)140.52K
CHICAGO ATLANTIC REAL ESTATE / REFI FAQ
Can you provide the ChartMill technical rating for CHICAGO ATLANTIC REAL ESTATE?
ChartMill assigns a technical rating of 1 / 10 to REFI.
Can you provide the trend direction for CHICAGO ATLANTIC REAL ESTATE?
The current trend direction for CHICAGO ATLANTIC REAL ESTATE (REFI) is Bearish.
What is the RSI signal for REFI stock?
CHICAGO ATLANTIC REAL ESTATE (REFI) has an RSI value of 46.3064. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CHICAGO ATLANTIC REAL ESTATE?
The MACD indicator for CHICAGO ATLANTIC REAL ESTATE (REFI) has a value of 0.036268, indicating a bearish trend.
What is the buy/sell signal for CHICAGO ATLANTIC REAL ESTATE (REFI) stock?
The buy/sell signal for CHICAGO ATLANTIC REAL ESTATE (REFI) is sell as both the short term and long term trends are negative.