VANECK RARE EARTH UCITS ETF (REMX.MI) Stock Technical Analysis
BIT:REMX - Euronext Milan - IE0002PG6CA6 - ETF - Currency: EUR
Taking everything into account, REMX scores 0 out of 10 in our technical rating. REMX'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, REMX is a bad performer in the overall market: 90% of all stocks are doing better.
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.
In the last month REMX has a been trading in the 6.25 - 7.05 range, which is quite wide. It is currently trading near the lows of this range.
Warning: REMX has an average volume of 29997 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of REMX is bad and it also does not present a quality setup 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.
More info and screens
6.21
8.08
When analyzing the support we notice one important area.
- Support @6.27 from a horizontal line in the weekly time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 6.51 to 6.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.76 to 6.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.96 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.41 to 7.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.78 from a trend line in the weekly time frame.
- Resistance @8.00 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for REMX.MI is down. |
| ChartMill Relative Strength | 10.59 | NEGATIVE | REMX.MI has a low relative strength, it was outperformed by 89.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of REMX.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of REMX.MI is below a declining 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) | 38.7 | NEUTRAL | The RSI value for REMX.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests REMX.MI has a negative trend. |
| Stochastics (14,3) | 9.45 | OVERSOLD | The low Stochastics value suggests REMX.MI may be oversold. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for REMX.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.39 | 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 (5/28/2025, 7:00:00 PM)
6.288
-0.05 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.85%
1 Week-2.36%
2 Weeks-7.35%
1 Month-2.95%
3 Month-15.55%
6 Month-24.12%
12 Month-30.29%
2 Year-55.46%
3 Year-65.17%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%2.04%
ATR Inc-14.54%
Range Today0.09
ADR(20)0.08
ADR(20)%1.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.59
Mansfield-1.83
10 Day High6.92
10 Day Low6.25
20 Day High7.05
20 Day Low6.25
52 Week High9.15
52 Week Low5.69
CS1 End6.27
CR1 Start6.51
Volume & EV
DER(3)-0.06%
DER(5)-0.04%
Volume65.17K
Volume Incr-10.71%
Vol(5)24.95K
Vol(50)30.00K