REX AMERICAN RESOURCES CORP (REX) Technical Analysis
NYSE:REX • US7616241052
Current stock price
REX Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to REX. 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 98% of all stocks. We also observe that the gains produced by REX over the past year are nicely spread over this period.
- REX is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry. REX outperforms 100% of them.
- 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 41.38 - 50.10 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.
REX Weekly and Daily overview Charts
REX Setup Rating and Analysis
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
REX Support and Resistance Analysis
30.66
4 important support areas can be observed.
- A support zone ranging from 45.43 to 45.46. 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 41.47 to 42.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.28 from a horizontal line in the daily time frame.
- Support @30.97 from a horizontal line in the daily time frame.
REX Technical Indicator Signal Analysis
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 | 98.6 | POSITIVE | REX has a high relative strength, it outperformed 98.6% 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) | 76.87 | OVERBOUGHT | The high RSI value suggests REX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests REX has a positive trend. |
| Stochastics (14,3) | 95.79 | OVERBOUGHT | The high Stochastics value suggests REX may be overbought. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for REX suggests some volalility. |
| Average Directional Index/ADX (14) | 25.32 | POSITIVE | The high ADX value value for REX suggests a strong trend. |
REX Chart- and CandleStick Pattern Analysis
REX Technicals: Chart, Performance Metrics, Trend & Indicators
49.97
+1.47 (+3.03%)
REX AMERICAN RESOURCES CORP / REX TA FAQ
What is the technical rating for REX stock?
ChartMill assigns a technical rating of 10 / 10 to REX.
What is the current trend direction of REX AMERICAN RESOURCES CORP (REX) stock?
The current trend direction for REX AMERICAN RESOURCES CORP (REX) is Bullish.
Can you provide the RSI signal for REX AMERICAN RESOURCES CORP?
REX AMERICAN RESOURCES CORP (REX) has an RSI value of 76.8705. This indicates that the stock is currently overbought.
What is the MACD signal for REX stock?
The MACD indicator for REX AMERICAN RESOURCES CORP (REX) has a value of 0.305775, indicating a bearish trend.
Can you provide the buy/sell signal for REX AMERICAN RESOURCES CORP?
The buy/sell signal for REX AMERICAN RESOURCES CORP (REX) is buy as both the short term and long term trends are positive.