REX AMERICAN RESOURCES CORP (REX) Stock Technical Analysis
USA - NYSE:REX - US7616241052 - Common Stock
33.35 USD
+0.48 (+1.46%)
33.35 USD
0 (0%)
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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, REX did better than 97% of all other stocks.
REX is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry. REX outperforms 97% of them.
REX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month REX has a been trading in the 30.15 - 33.65 range, which is quite wide. It is currently trading near the high of this range.
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. 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
18.34
33.68
When analyzing the support we can see 2 important areas.
- A support zone ranging from 30.56 to 30.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.53 from a trend 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 | 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 | 97.87 | POSITIVE | REX has a high relative strength, it outperformed 97.87% 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) | 79.09 | OVERBOUGHT | The high RSI value suggests REX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests REX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 81.09 | OVERBOUGHT | The high Stochastics value suggests REX may be overbought. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for REX suggests some volalility. |
| Average Directional Index/ADX (14) | 69.17 | 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)
33.35
+0.48 (+1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.46%
1 Week7.44%
2 Weeks8.28%
1 Month10.87%
3 Month150%
6 Month233.75%
12 Month196.38%
2 Year250.96%
3 Year344.82%
5 Year1551.67%
10 Year2086.49%
15 Year7136.9%
Volatility
ATR(14)0.93
ATR(20)%2.69%
ATR Inc47.87%
Range Today1.14
ADR(20)0.87
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.87
Mansfield12.65
10 Day High33.65
10 Day Low30.31
20 Day High33.65
20 Day Low30.15
52 Week High33.65
52 Week Low8.36
CS1 End30.58
CR1 StartN/A
Volume & EV
DER(3)-0.72%
DER(5)-0.42%
Volume249.50K
Volume Incr-5.48%
Vol(5)189.64K
Vol(50)154.33K