REX AMERICAN RESOURCES CORP (REX) Stock Technical Analysis
NYSE:REX - US7616241052 - Common Stock
57.11 USD
+0.83 (+1.47%)
57.11 USD
0 (0%)
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.
The long and short term trends are both positive. This is looking good!
REX is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 92% of 209 stocks in the same industry.
A new 52 week high is currently being made by REX, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month REX has a been trading in the 49.75 - 57.38 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, REX did better than 87% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Although REX has an excellent technical rating, it does not present a decent entry opportunity 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
35.58
57.68
We found 6 important support areas.
- A support zone ranging from 53.81 to 55.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 50.98 to 51.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @48.86 from a trend line in the daily time frame.
- Support @40.70 from a horizontal line in the daily time frame.
- Support @39.67 from a horizontal line 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 | 87.3 | POSITIVE | REX has a high relative strength, it outperformed 87.3% 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) | UP | POSITIVE | The current price of REX is above the rising 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) | 0.28 | POSITIVE | The MACD value suggests REX has a positive trend. |
| Stochastics (14,3) | 90.89 | OVERBOUGHT | The high Stochastics value suggests REX may be overbought. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for REX suggests some volalility. |
| Average Directional Index/ADX (14) | 31.6 | POSITIVE | The high ADX value value for REX suggests a strong 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)
57.11
+0.83 (+1.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.47%
1 Week3.87%
2 Weeks10.94%
1 Month6.65%
3 Month37.35%
6 Month38.38%
12 Month19.68%
2 Year44.62%
3 Year88.48%
5 Year731.97%
10 Year858.58%
15 Year3835.61%
Volatility
ATR(14)1.29
ATR(20)%2.34%
ATR Inc-2.67%
Range Today1.94
ADR(20)1.3
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.3
Mansfield1.94
10 Day High57.38
10 Day Low51.32
20 Day High57.38
20 Day Low49.75
52 Week High57.38
52 Week Low33.45
CS1 End55.05
CR1 StartN/A
Volume & EV
DER(3)-2.1%
DER(5)-1.37%
Volume64.90K
Volume Incr9.23%
Vol(5)83.92K
Vol(50)103.36K