ISHARES MORTGAGE REAL ESTATE (REM) Technical Analysis
NYSEARCA:REM • US46435G3424
Current stock price
REM Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to REM. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, REM is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- REM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so REM is lagging the market slightly.
- In the last month REM has a been trading in the 21.46 - 23.21 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, REM outperforms 49% of them, which is more or less in line with the market.
REM Weekly and Daily overview Charts
REM Setup Rating and Analysis
Besides having an excellent technical rating, REM also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 22.93, a Stop Loss order could be placed below this zone.
More info and screens
REM Support and Resistance Analysis
20.25
2 important support areas can be observed.
- A support zone ranging from 21.78 to 22.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.45 to 20.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 23.57 to 24.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.51 from a horizontal line in the weekly time frame.
REM 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 | UP | POSITIVE | The long term trend for REM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REM is up. |
| ChartMill Relative Strength | 49.2 | NEUTRAL | REM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of REM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of REM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of REM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.91 | NEUTRAL | The RSI value for REM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests REM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.45 | NEUTRAL | The Stochastics value for REM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for REM suggests low volalility. |
| Average Directional Index/ADX (14) | 21.68 | NEUTRAL | The ADX value for REM suggests a possible start of a new trend. |
REM Chart- and CandleStick Pattern Analysis
REM Example Setup
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 |
|---|---|---|---|
| 23.22 | 22.56 | 0.66 (2.84%) | 25.00% |
| An entry @23.22. This is a Buy Stop order right above the 10 day high. | An exit @22.56. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.66 points, which is 2.84%. | For a 0.71% 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.
REM Technicals: Chart, Performance Metrics, Trend & Indicators
23.11
+0.09 (+0.39%)
ISHARES MORTGAGE REAL ESTATE / REM TA FAQ
Can you provide the ChartMill technical rating for ISHARES MORTGAGE REAL ESTATE?
ChartMill assigns a technical rating of 8 / 10 to REM.
What is the current trend direction of ISHARES MORTGAGE REAL ESTATE (REM) stock?
The current trend direction for ISHARES MORTGAGE REAL ESTATE (REM) is Bullish.
Can you provide the RSI signal for ISHARES MORTGAGE REAL ESTATE?
ISHARES MORTGAGE REAL ESTATE (REM) has an RSI value of 60.9092. This indicates that the stock is currently neutral.
What is the short term momentum for ISHARES MORTGAGE REAL ESTATE (REM) stock?
The short term momentum for ISHARES MORTGAGE REAL ESTATE (REM) is positive.
What are the support and resistance levels for ISHARES MORTGAGE REAL ESTATE (REM) stock?
ISHARES MORTGAGE REAL ESTATE (REM) has a support level at 22.93 and a resistance level at 23.57. Check the full technical report for our detailed analysis of REM support and resistance levels.