Re/Max Holdings Technical Analysis (NYSE:RMAX)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the Re/Max Holdings stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the RMAX stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Re/Max Holdings. The technical analysis form of Re/Max Holdings stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Re/Max Holdings Moving Average
Moving averages show the average price of RMAX stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $50.24 is above the price of $48.9.
Re/Max Holdings Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the RMAX stock. Re/Max Holdings bollinger bands show that the stock price is $48.9, upper band is 53.68, lower band is 46.8, and the average is 50.24.
Re/Max Holdings Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Re/Max Holdings MACD indicator is below 0 indicating a bearish trend.
Re/Max Holdings Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of RMAX stock is 39.89.