We assign a technical rating of 7 out of 10 to REZ. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, REZ is only an average performer.
Although REZ 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.
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77.43
When analyzing the support we can see 2 important areas.
- A support zone ranging from 81.20 to 84.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @78.21 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 86.42 to 87.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 REZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REZ is up. |
| ChartMill Relative Strength | 48.92 | NEUTRAL | REZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of REZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of REZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of REZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.75 | NEUTRAL | The RSI value for REZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests REZ has a positive trend. |
| Stochastics (14,3) | 83.49 | OVERBOUGHT | The high Stochastics value suggests REZ may be overbought. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for REZ suggests low volalility. |
| Average Directional Index/ADX (14) | 15.45 | NEGATIVE | The low ADX value for REZ suggests a weak or negative trend. |
85.58
+1.28 (+1.52%)
ISHARS RES AND MULTI REALES / REZ FAQ
What is the ChartMill technical rating of ISHARS RES AND MULTI REALES (REZ) stock?
ChartMill assigns a technical rating of 7 / 10 to REZ.
What is the trend direction for REZ stock?
The current trend direction for ISHARS RES AND MULTI REALES (REZ) is Bullish.
What is the RSI signal for ISHARS RES AND MULTI REALES (REZ) stock?
ISHARS RES AND MULTI REALES (REZ) has an RSI value of 60.7527. This indicates that the stock is currently neutral.
What is the short term momentum for ISHARS RES AND MULTI REALES (REZ) stock?
The short term momentum for ISHARS RES AND MULTI REALES (REZ) is positive.
Can you provide the buy/sell signal for ISHARS RES AND MULTI REALES?
The buy/sell signal for ISHARS RES AND MULTI REALES (REZ) is buy as both the short term and long term trends are positive.