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 3 out of 10 to RMAX. 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.
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.
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6.99
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.05 to 8.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.52 to 7.59. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 7.06 to 7.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.50 to 8.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.80 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for RMAX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RMAX is up. |
| ChartMill Relative Strength | 14.16 | NEGATIVE | RMAX has a low relative strength, it was outperformed by 85.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RMAX is above the rising 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 | MIXED | The current price of RMAX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.33 | NEUTRAL | The RSI value for RMAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests RMAX has a positive trend. |
| Stochastics (14,3) | 89.54 | OVERBOUGHT | The high Stochastics value suggests RMAX may be overbought. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for RMAX suggests some volalility. |
| Average Directional Index/ADX (14) | 18.19 | NEGATIVE | The low ADX value for RMAX suggests a weak or negative trend. |
8.49
+0.13 (+1.56%)
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 3 / 10 to RMAX.
What is the current trend direction of RE/MAX HOLDINGS INC-CL A (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 59.3266. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RE/MAX HOLDINGS INC-CL A?
The MACD indicator for RE/MAX HOLDINGS INC-CL A (RMAX) has a value of 0.0666801, indicating a bearish trend.