RE/MAX HOLDINGS INC-CL A (RMAX) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:RMAX • US75524W1080
We assign a technical rating of 0 out of 10 to RMAX. RMAX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, RMAX is a bad performer in the overall market: 82% of all stocks are doing better.
- 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.
- In the last month RMAX has a been trading in the 7.11 - 8.43 range, which is quite wide. It is currently trading near the lows of this range.
- RMAX is part of the Real Estate Management & Development industry. There are 63 other stocks in this industry, RMAX did better than 43% of them.
- Volume is considerably higher in the last couple of days.
RMAX has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
6.96
When analyzing the support we notice one important area.
- 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 3 important resistance areas.
- A resistance zone ranging from 7.81 to 7.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.16 from a trend line in the weekly time frame.
- A resistance zone ranging from 8.31 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 | DOWN | NEGATIVE | The short term trend for RMAX is down. |
| ChartMill Relative Strength | 18.44 | NEGATIVE | RMAX has a low relative strength, it was outperformed by 81.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RMAX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RMAX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RMAX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.82 | NEUTRAL | The RSI value for RMAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests RMAX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.3 | OVERSOLD | The low Stochastics value suggests RMAX may be oversold. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for RMAX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.01 | NEGATIVE | The low ADX value for RMAX suggests a weak or negative trend. |
7.4
+0.25 (+3.5%)
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 41.82. 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 -0.0756123, 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 7.15 and a resistance level at 7.81. Check the full technical report for our detailed analysis of RMAX support and resistance levels.