NASDAQ:RFEM - Nasdaq - US33739P7078 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to RFEM. 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. 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.
59.06
We found 4 important support areas.
We found 1 important resistance 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 | 69.63 | 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) | 60.06 | NEUTRAL | The RSI value for RFEM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests RFEM has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 49.84 | NEUTRAL | The Stochastics value for RFEM is a neutral value. |
Average True Range in percent/ATR (20) | 0.69 | LOW VOLATILITY | The low ATR as a percentage value for RFEM suggests low volalility. |
Average Directional Index/ADX (14) | 26.82 | POSITIVE | The high ADX value value for RFEM suggests a strong trend. |
NASDAQ:RFEM (8/7/2025, 8:00:01 PM)
72.7956
+0.66 (+0.91%)