RE/MAX HOLDINGS INC-CL A (RMAX) Technical Analysis
NYSE:RMAX • US75524W1080
Current stock price
RMAX Technical Rating and Analysis
Taking everything into account, RMAX scores 8 out of 10 in our technical rating. RMAX has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The long term trend is still neutral, 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 62 other stocks in this industry. RMAX outperforms 93% of them.
- RMAX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month RMAX has a been trading in the 5.46 - 11.62 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, RMAX did better than 88% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RMAX Weekly and Daily overview Charts
RMAX Setup Rating and Analysis
Although RMAX has an excellent technical rating, it does not offer a high 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
RMAX Support and Resistance Analysis
5.66
When analyzing the support we notice one important area.
- Support @5.72 from a horizontal line in the daily time frame.
RMAX Technical Indicator Signal Analysis
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 | 88.06 | POSITIVE | RMAX has a high relative strength, it outperformed 88.06% 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) | UP | POSITIVE | The current price of RMAX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RMAX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 86.59 | OVERBOUGHT | The high RSI value suggests RMAX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.59 | POSITIVE | The MACD value suggests RMAX has a positive trend. |
| Stochastics (14,3) | 93.52 | OVERBOUGHT | The high Stochastics value suggests RMAX may be overbought. |
| Average True Range in percent/ATR (20) | 4.63 | MEDIUM VOLATILITY | The ATR as a percentage value for RMAX suggests some volalility. |
| Average Directional Index/ADX (14) | 43.36 | POSITIVE | The high ADX value value for RMAX suggests a strong trend. |
RMAX Chart- and CandleStick Pattern Analysis
RMAX Technicals: Chart, Performance Metrics, Trend & Indicators
11.07
-0.22 (-1.95%)
RE/MAX HOLDINGS INC-CL A / RMAX TA FAQ
Can you provide the ChartMill technical rating for RE/MAX HOLDINGS INC-CL A?
ChartMill assigns a technical rating of 8 / 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 RE/MAX HOLDINGS INC-CL A (RMAX) stock?
RE/MAX HOLDINGS INC-CL A (RMAX) has an RSI value of 86.5917. This indicates that the stock is currently overbought.
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 5.72. Check the full technical report for our detailed analysis of RMAX support and resistance levels.