RE/MAX HOLDINGS INC-CL A (RMAX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RMAX - US75524W1080 - Common Stock
We assign a technical rating of 0 out of 10 to RMAX. RMAX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of RMAX is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.96
3 important support areas can be observed.
- A support zone ranging from 7.41 to 7.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @7.27 from a horizontal line in the daily time frame.
- 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.97 to 8.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.32 to 8.50. 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 | DOWN | NEGATIVE | The long term trend for RMAX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RMAX is neutral. |
| ChartMill Relative Strength | 19.71 | NEGATIVE | RMAX has a low relative strength, it was outperformed by 80.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RMAX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RMAX is above a declining 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) | 54.44 | NEUTRAL | The RSI value for RMAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests RMAX has a positive trend. |
| Stochastics (14,3) | 51.06 | NEUTRAL | The Stochastics value for RMAX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for RMAX suggests some volalility. |
| Average Directional Index/ADX (14) | 22.38 | NEUTRAL | The ADX value for RMAX suggests a possible start of a new trend. |
7.95
+0.29 (+3.79%)
RE/MAX HOLDINGS INC-CL A / RMAX FAQ
Can you provide the ChartMill technical rating for RE/MAX HOLDINGS INC-CL A?
ChartMill assigns a technical rating of 0 / 10 to RMAX.
What is the trend direction for RMAX stock?
The current trend direction for RE/MAX HOLDINGS INC-CL A (RMAX) is Bearish.
What is the RSI signal for RMAX stock?
RE/MAX HOLDINGS INC-CL A (RMAX) has an RSI value of 54.4423. This indicates that the stock is currently neutral.
What is the MACD signal for RMAX stock?
The MACD indicator for RE/MAX HOLDINGS INC-CL A (RMAX) has a value of 0.0269448, indicating a bearish trend.
Can you provide the support and resistance levels for RE/MAX HOLDINGS INC-CL A?
RE/MAX HOLDINGS INC-CL A (RMAX) has a support level at 7.45 and a resistance level at 7.97. Check the full technical report for our detailed analysis of RMAX support and resistance levels.