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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
iShares Mortgage Real Estate ETF (BATS:REM)
Countertrend Up (+85) - REM is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for REM
The long-term trend has been UP since May 15th, 2024 at 23.250
The intermediate-term trend has been UP since Jul 9th, 2024 at 22.460
The short-term trend has been DOWN since Jul 24th, 2024 at 23.765
Smart Scan Analysis for REM
Based on our trend formula, REM is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.560 | 23.640 | 23.350 | 23.625 | +0.365 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.260 | 310492 | 2024-07-26 15:59:45 |
| 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 | 374,332 | Shares Outstanding | 28,850 |
| Volatility | 9.46 |