ISHARES MORTGAGE REAL ESTATE (REM) Stock Technical Analysis
NYSEARCA:REM - NYSE Arca - US46435G3424 - ETF - Currency: USD
Taking everything into account, REM scores 7 out of 10 in our technical rating. In the last year, REM was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long and short term trends are both positive. This is looking good!
In the last month REM has a been trading in the 21.67 - 23.61 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, REM outperforms 56% of them, which is more or less in line with the market.
REM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so REM is lagging the market.
Volume is considerably higher in the last couple of days.
Although REM has an excellent technical rating, the quality of the presented setup is not ideal 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
20.62
25.28
When analyzing the support we notice one important area.
- A support zone ranging from 20.83 to 20.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @23.31 from a horizontal line in the daily time frame.
- A resistance zone ranging from 24.51 to 25.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.77
Mansfield-0.54
10 Day High23.61
10 Day Low22.58
20 Day High23.61
20 Day Low21.67
52 Week High24.88
52 Week Low20.5
Performance
1 Week0.69%
2 Weeks1.13%
1 Month6.77%
3 Month1%
6 Month-1.9%
12 Month5.03%
2 Year-3.82%
3 Year-27.03%
5 Year-45.1%
10 Year-51.2%
15 Year-61.35%
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)62.13
LBB22.28
UBB23.59
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.32 | 22.57 | 0.75 (3.22%) | 25.00% |
| An entry @23.32. This is a Buy Stop order right above the resistance zone. | An exit @22.57. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.75 points, which is 3.22%. | For a 0.80% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
23.19
-0.23 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.98%
1 Week0.69%
2 Weeks1.13%
1 Month6.77%
3 Month1%
6 Month-1.9%
12 Month5.03%
2 Year-3.82%
3 Year-27.03%
5 Year-45.1%
10 Year-51.2%
15 Year-61.35%
Volatility
ATR(14)0.3
ATR(20)%1.38%
ATR Inc13.28%
Range Today0.53
ADR(20)0.29
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.77
Mansfield-0.54
10 Day High23.61
10 Day Low22.58
20 Day High23.61
20 Day Low21.67
52 Week High24.88
52 Week Low20.5
CS1 End20.99
CR1 Start23.31
Volume & EV
DER(3)2.61%
DER(5)1.38%
Volume770.70K
Volume Incr46.18%
Vol(5)737.32K
Vol(50)510.88K