Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
iShares Mortgage Real Estate ETF (BATS:REM)
Sidelines Mode (+55) - REM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid REM?
MarketClub looks at technical strength and momentum to determine if the timing is right for REM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for REM
The long-term trend has been DOWN since Apr 16th, 2024 at 21.125
The intermediate-term trend has been UP since May 3rd, 2024 at 22.880
The short-term trend has been DOWN since May 8th, 2024 at 22.450
Smart Scan Analysis for REM
Based on our trend formula, REM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.470 | 22.635 | 22.390 | 22.570 | -0.040 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.580 | 86935 | 2024-05-08 15:59:41 |
| Year High | 45.81 | Year High Date | 2018-09-06 |
| Year Low | 39.8 | Year Low Date | 2018-02-06 |
| 52wk High | 25.175 | 52wk High Date | 2023-12-14 |
| 52wk Low | 18.95 | 52wk Low Date | 2023-10-27 |
| Average Volume | 300,208 | Shares Outstanding | 28,850 |
| Volatility | 9.46 |