VANECK RARE EARTH UCITS ETF (REMX.MI) Stock Technical Analysis
BIT:REMX - Euronext Milan - IE0002PG6CA6 - ETF - Currency: EUR
We assign a technical rating of 2 out of 10 to REMX. Recently some decent action could be observed, but in the medium term time frame this is still negative. REMX was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
83% of all other stocks performed better in the past year than REMX.
REMX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so REMX is lagging the market.
Warning: REMX has an average volume of 29164 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month REMX has a been trading in the 6.08 - 6.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, REMX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 6.27, a Stop Loss order could be placed below this zone.
More info and screens
6.05
7.37
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.24 to 6.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.11 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.70 to 6.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.96 to 6.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 7.28 to 7.30. 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 | DOWN | NEGATIVE | The long term trend for REMX.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for REMX.MI is neutral. |
| ChartMill Relative Strength | 17.05 | NEGATIVE | REMX.MI has a low relative strength, it was outperformed by 82.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of REMX.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of REMX.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of REMX.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.35 | NEUTRAL | The RSI value for REMX.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests REMX.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.59 | NEUTRAL | The Stochastics value for REMX.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for REMX.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.99 | NEGATIVE | The low ADX value for REMX.MI suggests a weak or negative 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)
BIT:REMX (6/20/2025, 7:00:00 PM)
6.58
-0.04 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.65%
1 Week-1.45%
2 Weeks-0.33%
1 Month2.8%
3 Month-13.5%
6 Month-11.57%
12 Month-14.67%
2 Year-53.82%
3 Year-59.38%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%2.4%
ATR Inc-28.81%
Range Today0.1
ADR(20)0.09
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.05
Mansfield-1.38
10 Day High6.88
10 Day Low6.58
20 Day High6.88
20 Day Low6.08
52 Week High8.89
52 Week Low5.69
CS1 End6.27
CR1 Start6.7
Volume & EV
DER(3)0%
DER(5)0%
Volume44.22K
Volume Incr0.64%
Vol(5)27.28K
Vol(50)29.16K