RE/MAX HOLDINGS INC-CL A (RMAX) Stock Technical Analysis
NYSE:RMAX - New York Stock Exchange, Inc. - US75524W1080 - Common Stock - Currency: USD
Overall RMAX gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. RMAX was also a bad performer in the overall market in the last year.
68% of all other stocks performed better in the past year than RMAX.
RMAX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
RMAX is part of the Real Estate Management & Development industry. There are 64 other stocks in this industry, RMAX did better than 53% of them.
In the last month RMAX has a been trading in the 7.84 - 9.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, RMAX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.21. Right above this resistance zone may be a good entry point.
More info and screens
6.96
13.46
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.10 to 8.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.03 to 7.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 8.21 to 8.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 8.50 to 8.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.82 from a horizontal line in the daily time frame.
- Resistance @13.33 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for RMAX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RMAX is up. |
| ChartMill Relative Strength | 32.76 | NEUTRAL | RMAX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RMAX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RMAX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RMAX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.08 | NEUTRAL | The RSI value for RMAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests RMAX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.4 | NEUTRAL | The Stochastics value for RMAX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.51 | MEDIUM VOLATILITY | The ATR as a percentage value for RMAX suggests some volalility. |
| Average Directional Index/ADX (14) | 13.59 | NEGATIVE | The low ADX value for RMAX suggests a weak or negative trend. |
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)
8.21
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg0%
1 Week-2.61%
2 Weeks0.12%
1 Month6.07%
3 Month12.62%
6 Month-17.82%
12 Month-11.72%
2 Year-58.35%
3 Year-67.6%
5 Year-74.64%
10 Year-78.29%
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%4.51%
ATR Inc-8.64%
Range Today0.23
ADR(20)0.34
ADR(20)%4.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.76
Mansfield-2.34
10 Day High8.49
10 Day Low7.84
20 Day High9.28
20 Day Low7.84
52 Week High14.31
52 Week Low6.9
CS1 End8.17
CR1 Start8.21
Volume & EV
DER(3)-4.33%
DER(5)-3.6%
Volume242.70K
Volume Incr-7.01%
Vol(5)199.64K
Vol(50)185.62K