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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 2024-07-09 View latest technical analysis

10 day averaged volume of Rex American is 190890

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	43.40	43.13	43.56	42.87	0.662 times
08 Mon Jul 2024	43.49	42.95	43.49	42.67	0.64 times
05 Fri Jul 2024	42.72	44.37	44.93	42.71	0.673 times
03 Wed Jul 2024	44.77	44.26	44.98	43.85	0.392 times
03 Wed Jul 2024	44.77	44.26	44.98	43.85	0.392 times
02 Tue Jul 2024	44.39	45.67	45.67	44.32	0.753 times
01 Mon Jul 2024	45.37	45.60	45.60	44.66	0.913 times
28 Fri Jun 2024	45.59	45.40	45.94	44.95	2.73 times
27 Thu Jun 2024	44.76	44.85	45.26	44.45	1.591 times
26 Wed Jun 2024	44.84	44.27	45.01	44.19	1.077 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 43.9, but if it comes above 43.9, then a intra day buy could be more profitable.
If you take a sell trade below 43.9, then use 43.9 as stoploss and 42.8 as target. However if you take a buy trade in stock , then use 43.9 as stoploss and 44.83 as target.

Share price targets for Rex American (REX)

Target Type	Value
Downside Target	42.67
Upside Target	44.98
Upside Target	45.67
Upside Target	45.94
Upside Target	46.24
Upside Target	49.40
Upside Target	50.73
Upside Target	53.64
Upside Target	58.90
Upside Target	60.41
Upside Target	60.79

Intraday share price targets for Rex American (REX)

Target Type	Value
Downside Intraday Target	42.86
Downside Intraday Target	42.32
Upside Intraday Target	43.75
Upside Intraday Target	44.1
Downside Intraday Target	43.21

Weekly technical analysis of Rex American (REX)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	43.40	42.95	43.56	42.67	1.222 times
05 Fri Jul 2024	42.72	44.26	44.98	42.71	0.518 times
03 Wed Jul 2024	44.77	45.60	45.67	43.85	0.273 times
28 Fri Jun 2024	45.59	44.22	45.94	43.72	1.1 times
21 Fri Jun 2024	44.07	45.60	46.24	44.07	2.388 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
09 Tue Jul 2024	43.40	45.60	45.67	42.67	0.169 times
28 Fri Jun 2024	45.59	50.69	50.73	43.72	0.979 times
31 Fri May 2024	49.99	55.59	60.41	49.40	1.233 times
30 Tue Apr 2024	55.33	58.96	60.79	53.64	1.368 times

Scroll below to view daily charts

Price has moved down 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 to mid 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 mid to longer 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.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are below the red cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 44.71 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.