REX AMERICAN RESOURCES CORP (REX) Stock Technical Analysis
NYSE:REX - New York Stock Exchange, Inc. - US7616241052 - Common Stock - Currency: USD
Taking everything into account, REX scores 9 out of 10 in our technical rating. 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.
REX is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. REX outperforms 77% of them.
In the last month REX has a been trading in the 38.88 - 47.07 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that REX is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this relatively good performance is mostly due to a recent big move.
REX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so REX is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although REX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
35.58
47.47
When analyzing the support we can see 3 important areas.
- A support zone ranging from 40.70 to 41.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 39.32 to 40.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @35.94 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for REX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REX is up. |
| ChartMill Relative Strength | 82.82 | POSITIVE | REX has a high relative strength, it outperformed 82.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of REX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of REX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of REX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.06 | OVERBOUGHT | The high RSI value suggests REX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests REX has a positive trend. |
| Stochastics (14,3) | 95.49 | OVERBOUGHT | The high Stochastics value suggests REX may be overbought. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for REX suggests some volalility. |
| Average Directional Index/ADX (14) | 21.8 | NEUTRAL | The ADX value for REX suggests a possible start of a new 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)
47
+1.91 (+4.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg4.24%
1 Week8.12%
2 Weeks11.53%
1 Month10.35%
3 Month30.12%
6 Month13.44%
12 Month2.51%
2 Year35.02%
3 Year398.82%
5 Year509.77%
10 Year564.68%
15 Year2543.76%
Volatility
ATR(14)1.48
ATR(20)%2.87%
ATR Inc9.55%
Range Today1.96
ADR(20)1.27
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.82
Mansfield0.48
10 Day High47.07
10 Day Low40.98
20 Day High47.07
20 Day Low38.88
52 Week High52
52 Week Low33.45
CS1 End41.92
CR1 StartN/A
Volume & EV
DER(3)-0.16%
DER(5)0.27%
Volume123.90K
Volume Incr-8.88%
Vol(5)91.96K
Vol(50)124.24K