REM Stock iShares Mortgage Real Estate Capped ETF (REM, $22.66) entered Uptrend as Momentum indicator ascends above 0 level on Nov 14, 2024

GET DAILY SIGNALS

Get AI intraday signals

REM - iShares Mortgage Real Estate Capped ETF

Momentum signal

View

Odds of UP Trend

Price: $22.66

Daily change: -$0.02 (-0.09%)

Daily volume: 180K

Net Assets: $631.9M

Momentum Indicator for REM turns positive, indicating new upward trend

REM saw its Momentum Indicator move above the 0 level on November 14, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 87 similar instances where the indicator turned positive. In of the 87 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for REM just turned positive on November 08, 2024. Looking at past instances where REM's MACD turned positive, the stock continued to rise in of 39 cases 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 REM advanced for three days, in of 321 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 70 cases where REM's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

REM moved below its 50-day moving average on November 12, 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 REM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for REM entered a downward trend on November 15, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.