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REAX Stock Real Brokerage (The) (REAX, $5.2) Moving Average Convergence Divergence (MACD) Histogram turned negative on October 7, 2024

A.I.dvisor
at Tickeron.com
10/08/24
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REAX - Real Brokerage (The)
MACD signal
Bearish Trend
Odds of DOWN Trend
MACD signal
Price: $5.2
Daily change: -$0.55 (-9.57%)
Daily volume: 786.6K
Industry: Real Estate Development
This is a Bearish indicator signaling REAX's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 43 similar cases where REAX's MACD histogram became negative, and of them led to successful outcomes. Odds of Success:

REAX in downward trend: 10-day moving average broke below 50-day moving average on September 13, 2024

The 10-day moving average for REAX crossed bearishly below the 50-day moving average on September 13, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 10 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on October 07, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on REAX as a result. In of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for REAX turned negative on October 07, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .

REAX moved below its 50-day moving average on September 18, 2024 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where REAX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 53 cases where REAX's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where REAX advanced for three days, in of 214 cases, the price rose further within the following month. The odds of a continued upward trend are .

REAX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 133 cases where REAX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 70%.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. REAX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (15.528) is normal, around the industry mean (3.679). P/E Ratio (0.000) is within average values for comparable stocks, (59.940). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.670). Dividend Yield (0.000) settles around the average of (0.055) among similar stocks. P/S Ratio (0.806) is also within normal values, averaging (11.903).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. REAX’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock worse than average.

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REAX
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General Information

Industry RealEstateDevelopment

Profile
Fundamentals
Details
Industry
N/A
Address
133 King Street West
Phone
+1 917 428-8617
Employees
164
Web
https://www.onereal.com