REX AMERICAN RESOURCES CORP (REX)
US7616241052 - Common Stock
Overall REX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, REX has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month REX has a been trading in the 53.64 - 59.44 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
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 95% of all stocks. On top of that, REX also shows a nice and consistent pattern of rising prices.
REX is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. REX outperforms 97% of them.
REX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so REX is performing more or less in line with the market.
Besides having an excellent technical rating, REX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 56.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 54.64, a Stop Loss order could be placed below this zone.
More info and screens
37.31
60.51
6 important support areas can be observed.
- Support @54.64 from a horizontal line in the daily time frame.
- A support zone ranging from 46.23 to 46.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.64 from a trend line in the weekly time frame.
- Support @42.65 from a horizontal line in the daily time frame.
- Support @40.77 from a horizontal line in the daily time frame.
- A support zone ranging from 37.69 to 37.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 56.16 to 56.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @59.91 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.98
Mansfield2.36
10 Day High57.77
10 Day Low54.04
20 Day High59.44
20 Day Low53.64
52 Week High60.79
52 Week Low28.08
Performance
1 Week-1.1%
2 Weeks0.54%
1 Month-4.14%
3 Month34.69%
6 Month45.47%
12 Month96.47%
2 Year475.9%
3 Year421.09%
5 Year641.67%
10 Year619.9%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.58
RSI(14)54.41
LBB54.24
UBB57.68
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 |
|---|---|---|---|
| 56.78 | 54.63 | 2.15 (3.79%) | 25.00% |
| An entry @56.78. This is a Buy Stop order right above the resistance zone. | An exit @54.63. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.15 points, which is 3.79%. | For a 0.95% total portfolio risk, you can invest 25.00% 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.
REX AMERICAN RESOURCES CORP
NYSE:REX (5/2/2024, 7:16:21 PM)
Premarket: 59 +3.4 (+6.12%)55.6
+0.67 (+1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.22%
1 Week-1.1%
2 Weeks0.54%
1 Month-4.14%
3 Month34.69%
6 Month45.47%
12 Month96.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.88
ATR(20)%3.33%
ATR Inc
Range Today1.32
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High57.77
10 Day Low54.04
20 Day High59.44
20 Day Low53.64
52 Week High60.79
52 Week Low28.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume157.60K
Volume Incr-18.66%
Vol(5)174.06K
Vol(50)158.70K