Rex American Resources Stock Technical Analysis
| REX Stock | USD 45.54 0.74 1.65% |
As of the 22nd of November, REX American holds the Variance of 4.57, risk adjusted performance of 0.0028, and Coefficient Of Variation of (20,793). Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of REX American, as well as the relationship between them.
REX American Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as REX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to REXREX |
REX American Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 47.5 | Strong Buy | 1 | Odds |
Most REX analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand REX stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of REX American Resources, talking to its executives and customers, or listening to REX conference calls.
REX American technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
REX American Resources Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of REX American Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
REX American Resources Trend Analysis
Use this graph to draw trend lines for REX American Resources. You can use it to identify possible trend reversals for REX American as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual REX American price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.REX American Best Fit Change Line
The following chart estimates an ordinary least squares regression model for REX American Resources applied against its price change over selected period. The best fit line has a slop of 0.04 , which may imply that REX American Resources will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 76.42, which is the sum of squared deviations for the predicted REX American price change compared to its average price change.About REX American Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of REX American Resources on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of REX American Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on REX American Resources price pattern first instead of the macroeconomic environment surrounding REX American Resources. By analyzing REX American's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of REX American's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to REX American specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2024 (projected) | Days Sales Outstanding | 15.31 | 7.12 | PTB Ratio | 1.34 | 1.22 |
REX American November 22, 2024 Technical Indicators
Most technical analysis of REX help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for REX from various momentum indicators to cycle indicators. When you analyze REX charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0028 | |||
| Market Risk Adjusted Performance | (0) | |||
| Mean Deviation | 1.59 | |||
| Coefficient Of Variation | (20,793) | |||
| Standard Deviation | 2.14 | |||
| Variance | 4.57 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.01) | |||
| Maximum Drawdown | 10.87 | |||
| Value At Risk | (3.71) | |||
| Potential Upside | 3.13 | |||
| Skewness | (0.30) | |||
| Kurtosis | 1.03 |
Additional Tools for REX Stock Analysis
When running REX American's price analysis, check to measure REX American's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy REX American is operating at the current time. Most of REX American's value examination focuses on studying past and present price action to predict the probability of REX American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move REX American's price. Additionally, you may evaluate how the addition of REX American to your portfolios can decrease your overall portfolio volatility.