Reis, Inc (REIS) Stock Technical Analysis
NASDAQ:REIS - Nasdaq - US75936P1057
We assign a technical rating of 9 out of 10 to REIS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, REIS is showing a nice and steady performance.
Besides having an excellent technical rating, REIS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 22.99, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for REIS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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18.39
We found 2 important support areas.
- A support zone ranging from 22.84 to 22.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.58 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.85 to 23.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for REIS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REIS is up. |
| ChartMill Relative Strength | 82.48 | POSITIVE | REIS has a high relative strength, it outperformed 82.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of REIS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of REIS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of REIS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.83 | NEUTRAL | The RSI value for REIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests REIS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 80 | NEUTRAL | The Stochastics value for REIS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for REIS suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.01 | 22.94 | 0.07 (0.30%) | 25.00% |
| An entry @23.01. This is a Buy Stop order right above the 10 day high. | An exit @22.94. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 0.30%. | For a 0.08% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
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