NASDAQ:RFEM - Nasdaq - US33739P7078 - ETF - Currency: USD
Overall RFEM gets a technical rating of 8 out of 10. Although RFEM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although RFEM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
59.06
When analyzing the support we can see 5 important areas.
When analyzing the resistance we notice one important area.
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 RFEM is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RFEM is up. |
ChartMill Relative Strength | 61.63 | NEUTRAL | RFEM is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RFEM is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RFEM is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RFEM is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 71.12 | OVERBOUGHT | The high RSI value suggests RFEM may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests RFEM has a positive trend. |
Stochastics (14,3) | 95.28 | OVERBOUGHT | The high Stochastics value suggests RFEM may be overbought. |
Average True Range in percent/ATR (20) | 0.67 | LOW VOLATILITY | The low ATR as a percentage value for RFEM suggests low volalility. |
Average Directional Index/ADX (14) | 27.5 | POSITIVE | The high ADX value value for RFEM suggests a strong trend. |
NASDAQ:RFEM (6/11/2025, 8:15:33 PM)
70.3094
+0.41 (+0.59%)