REET in upward trend: price rose above 50-day moving average on February 05, 2025
REET moved above its 50-day moving average on February 05, 2025 date and that indicates a change from a downward trend to an upward trend. In of 42 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on February 05, 2025. You may want to consider a long position or call options on REET as a result. In of 90 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for REET just turned positive on January 15, 2025. Looking at past instances where REET's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for REET crossed bullishly above the 50-day moving average on February 11, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. 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 REET advanced for three days, in of 331 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 281 cases where REET Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 50-day moving average for REET moved below the 200-day moving average on February 19, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where REET declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
REET broke above its upper Bollinger Band on January 21, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
General Information
Category GlobalRealEstate
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| STLYX | 36.87 | N/A | N/A |
| SEI Tax-Managed Large Cap Y (SIMT) | |||
| CCCNX | 7.17 | N/A | N/A |
| Center Coast Brookfield Midstream Foc I | |||
| JSCBX | 16.86 | N/A | N/A |
| JHancock Small Cap Value I | |||
| RWMGX | 64.23 | -0.88 | -1.35% |
| American Funds Washington Mutual R6 | |||
| SHXIX | 14.54 | -0.24 | -1.62% |
| American Beacon Shapiro Equity Opps R5 | |||
REET and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, REET has been closely correlated with USRT. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if REET jumps, then USRT could also see price increases.
| Ticker / NAME | Correlation To REET | 1D Price Change % | ||
|---|---|---|---|---|
| REET | 100% | -0.88% | ||
| USRT - REET | 99% Closely correlated | -0.69% | ||
| RWR - REET | 98% Closely correlated | -0.87% | ||
| DFGR - REET | 98% Closely correlated | -0.64% | ||
| RWO - REET | 98% Closely correlated | -0.87% | ||
| VNQ - REET | 98% Closely correlated | -0.98% | ||
More | ||||