OREX MINERALS INC (REX.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:REX - CA68616X2095 - Common Stock
Overall REX gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, REX is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that REX is one of the better performing stocks in the market, outperforming 81% of all stocks.
- REX 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 REX is lagging the market slightly.
- REX is part of the Metals & Mining industry. There are 820 other stocks in this industry, REX did better than 47% of them.
- In the last month REX has a been trading in the 0.20 - 0.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, REX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for REX in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.22
2 important support areas can be observed.
- A support zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.29 to 0.29. 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 | UP | POSITIVE | The long term trend for REX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REX.CA is up. |
| ChartMill Relative Strength | 81.12 | POSITIVE | REX.CA has a high relative strength, it outperformed 81.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of REX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of REX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of REX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.61 | NEUTRAL | The RSI value for REX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests REX.CA has a negative trend. |
| Stochastics (14,3) | 65.38 | NEUTRAL | The Stochastics value for REX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.53 | HIGH VOLATILITY | The high ATR as a percentage value for REX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 37.43 | POSITIVE | The high ADX value value for REX.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 0.30 | 0.27 | 0.03 (11.67%) | 8.57% |
| An entry @0.30. This is a Buy Stop order right above the resistance zone. | An exit @0.27. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 11.67%. | For a 1.00% total portfolio risk, you can invest 8.57% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of REX. Please evaluate whether better entry and exit points can be found.
- 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.
TSX-V:REX (1/27/2026, 7:00:00 PM)
0.285
-0.01 (-1.72%)
OREX MINERALS INC / REX.CA FAQ
What is the technical rating for REX stock?
ChartMill assigns a technical rating of 10 / 10 to REX.CA.
What is the current trend direction of OREX MINERALS INC (REX.CA) stock?
The current trend direction for OREX MINERALS INC (REX.CA) is Bullish.
What is the RSI signal for OREX MINERALS INC (REX.CA) stock?
OREX MINERALS INC (REX.CA) has an RSI value of 57.6057. This indicates that the stock is currently neutral.
Can you provide the short term momentum for OREX MINERALS INC?
The short term momentum for OREX MINERALS INC (REX.CA) is positive.
Can you provide the support and resistance levels for OREX MINERALS INC?
OREX MINERALS INC (REX.CA) has a support level at 0.28 and a resistance level at 0.29. Check the full technical report for our detailed analysis of REX.CA support and resistance levels.