NASDAQ:REIT - Nasdaq - US00162Q4459 - ETF - Currency: USD
Taking everything into account, REIT scores 1 out of 10 in our technical rating. REIT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, REIT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 25.50, a Stop Loss order could be placed below this zone.
24.94
When analyzing the support we notice one important area.
We can see 3 important resistance 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 REIT is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for REIT is down. |
ChartMill Relative Strength | 52.29 | NEUTRAL | REIT is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of REIT is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of REIT is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of REIT is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 44.15 | NEUTRAL | The RSI value for REIT is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests REIT has a negative trend. |
Stochastics (14,3) | 13.64 | OVERSOLD | The low Stochastics value suggests REIT may be oversold. |
Average True Range in percent/ATR (20) | 1.25 | LOW VOLATILITY | The low ATR as a percentage value for REIT suggests low volalility. |
Average Directional Index/ADX (14) | 11.6 | NEGATIVE | The low ADX value for REIT suggests a weak or negative trend. |
NASDAQ:REIT (5/23/2025, 8:51:44 PM)
26.09
-0.02 (-0.08%)