REMX Stock VanEck Rare Earth & Strat Mtls ETF (REMX, $42.01) entered Uptrend as Momentum indicator ascends above 0 level on Feb 20, 2025

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REMX - VanEck Rare Earth & Strat Mtls ETF

Momentum signal

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Odds of UP Trend

Price: $42.01

Daily change: +$1.09 (+2.66%)

Daily volume: 94K

Net Assets: $236.3M

REMX in upward trend: 10-day moving average moved above 50-day moving average on February 18, 2025

The 10-day moving average for REMX crossed bullishly above the 50-day moving average on February 18, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 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 .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on February 20, 2025. You may want to consider a long position or call options on REMX as a result. In of 76 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 REMX just turned positive on February 06, 2025. Looking at past instances where REMX'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 .

REMX moved above its 50-day moving average on February 20, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where REMX advanced for three days, in of 315 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 59 cases where REMX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

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

REMX broke above its upper Bollinger Band on February 13, 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.