NYSEARCA:REM - NYSE Arca - US46435G3424 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to REM. REM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
REM has a poor technical rating and the quality of the setup is also not perfect 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.
18.92
We found 2 important support areas.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The long term trend for REM is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REM is up. |
ChartMill Relative Strength | 30.33 | NEUTRAL | REM is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of REM is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of REM is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of REM is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 54.07 | NEUTRAL | The RSI value for REM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests REM has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 81.83 | OVERBOUGHT | The high Stochastics value suggests REM may be overbought. |
Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for REM suggests low volalility. |
Average Directional Index/ADX (14) | 14.09 | NEGATIVE | The low ADX value for REM suggests a weak or negative trend. |
NYSEARCA:REM (6/13/2025, 8:04:01 PM)
21.58
-0.35 (-1.6%)