Mobile app version of munafa.best
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-20 View latest technical analysis

10 day averaged volume of Rex American is 225565

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 55.70 56.60 57.20 55.54 0.901 times
17 Fri May 2024 56.60 56.63 57.06 56.10 0.822 times
16 Thu May 2024 56.35 56.89 56.94 55.94 0.753 times
15 Wed May 2024 57.02 58.37 58.87 56.72 0.727 times
14 Tue May 2024 58.16 57.91 58.72 57.06 0.958 times
13 Mon May 2024 57.90 59.50 60.09 57.56 1.043 times
10 Fri May 2024 59.17 60.01 60.41 57.95 1.056 times
09 Thu May 2024 59.53 58.00 59.56 57.91 1.366 times
08 Wed May 2024 57.82 57.15 58.36 57.15 1.199 times
07 Tue May 2024 57.61 57.74 58.50 57.50 0.9 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.8, but if it comes above 55.8, then a intra day buy could be more profitable.
If you take a sell trade below 55.8, then use 55.8 as stoploss and 54.4 as target. However if you take a buy trade in stock , then use 55.8 as stoploss and 56.98 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
Upside Target 57.15
Upside Target 57.77
Upside Target 58.90
Upside Target 60.09
Upside Target 60.41
Upside Target 60.79

Intraday share price targets for Rex American (REX)

Target Type Value
Downside Intraday Target 55.09
Downside Intraday Target 54.49
Upside Intraday Target 56.75
Upside Intraday Target 57.81
Upside Intraday Target 56.15

Weekly technical analysis of Rex American (REX)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 55.70 56.60 57.20 55.54 0.21 times
17 Fri May 2024 56.60 59.50 60.09 55.94 0.755 times
10 Fri May 2024 59.17 57.47 60.41 57.15 1.328 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

Price has moved down 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
20 Mon May 2024 55.70 55.59 60.41 54.04 0.733 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Rex American ( (REX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Rex American ( (REX) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 SELL. Signal strength is Weak 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Rex American in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 57.76 and Rex American (REX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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

Price action analysis of Rex American ( (REX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Rex American ( (REX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Rex American ( (REX) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 SELL. Signal strength is Weak 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Rex American in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 57.76 and Rex American (REX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme