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(REX) Rex American complete technical analysis [charts+indicators] | Buy/Sell Rex American | (REX) share price targets

Complete technical analysis of Rex American (REX) by charts plus indicators, forecast predictions and share price targets for Rex American (REX)

Rex American trades in USA in Basic Industries sector.

Showing technical analysis as on 2024-05-08 View latest technical analysis

10 day averaged volume of Rex American is 194680

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	57.82	57.15	58.36	57.15	1.389 times
07 Tue May 2024	57.61	57.74	58.50	57.50	1.042 times
06 Mon May 2024	57.59	57.47	58.96	57.29	1.365 times
03 Fri May 2024	57.13	56.52	57.23	55.45	1.343 times
02 Thu May 2024	55.60	55.38	55.77	54.45	0.81 times
01 Wed May 2024	54.93	55.59	55.80	54.04	0.783 times
30 Tue Apr 2024	55.33	57.22	57.22	55.23	1.009 times
29 Mon Apr 2024	57.20	57.07	57.31	56.48	1.025 times
26 Fri Apr 2024	57.04	56.67	57.11	55.97	0.843 times
25 Thu Apr 2024	56.22	55.37	56.22	54.82	0.749 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 57.3, but if it comes below 57.3, then a intra day sell could be more profitable.
If you take a sell trade below 57.3, then use 57.3 as stoploss and 56.37 as target. However if you take a buy trade in stock , then use 57.3 as stoploss and 58.5 as target.

Share price targets for Rex American (REX)

Target Type	Value
Downside Target	40.18
Downside Target	41.38
Downside Target	42.86
Downside Target	44.81
Downside Target	48.12
Downside Target	53.64
Downside Target	55.92
Downside Target	57.15
Upside Target	57.85
Upside Target	58.90
Upside Target	58.96
Upside Target	59.35
Upside Target	60.79

Intraday share price targets for Rex American (REX)

Target Type	Value
Downside Intraday Target	56.99
Downside Intraday Target	56.17
Upside Intraday Target	58.8
Upside Intraday Target	59.79
Upside Intraday Target	57.98

Weekly technical analysis of Rex American (REX)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	57.82	57.47	58.96	57.15	0.764 times
03 Fri May 2024	57.13	57.07	57.31	54.04	1.145 times
26 Fri Apr 2024	57.04	56.07	57.77	54.53	0.952 times
19 Fri Apr 2024	56.24	56.87	57.85	53.64	1.546 times
12 Fri Apr 2024	56.72	59.20	59.35	55.92	0.402 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Rex American (REX)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Wed May 2024	57.82	55.59	58.96	54.04	0.317 times
30 Tue Apr 2024	55.33	58.96	60.79	53.64	1.368 times
28 Thu Mar 2024	58.71	43.97	58.90	42.86	1.71 times
29 Thu Feb 2024	43.98	42.01	44.81	40.18	0.583 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Rex American (REX)

Price action analysis of Rex American ( (REX) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Rex American ( (REX) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Rex American ( (REX) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Rex American stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Rex American in short term but the sell signal is initial and weak.

Rex American Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Rex American in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Rex American is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.8 and Rex American (REX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Rex American (REX) stock. Volume based technical analysis of Rex American (REX) stock is negative.

Rex American Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.