Technical Analysis for REEM - Oppenheimer Revenue Weighted ETF Trust ETF

Grade Last Price % Change Price Change
grade D 24.0739 0.46% 0.11
REEM closed up 0.46 percent on Friday, September 20, 2019, on 14 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Up
See historical REEM trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Weak + Overbought Other 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Fell Below 50 DMA Bearish 0.46%
Stochastic Sell Signal Bearish 0.46%
Narrow Range Bar Range Contraction 0.46%
Crossed Above 50 DMA Bullish -1.51%
Narrow Range Bar Range Contraction -1.51%
Gapped Up Strength -1.51%

Older signals for REEM ...

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:
Profile
The investment seeks to provide investment results that correspond generally, before fees and expenses, to the performance of the OFI Revenue Weighted Emerging Markets Index (the "underlying index"). The fund seeks investment results that correspond generally, before fees and expenses, to the performance of the underlying index. Under normal circumstances, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies included in the underlying index, and generally expects to be substantially invested at such times, with at least 95% of its net assets invested in these securities.
Exchange Traded Fund Index Fund Net Asset Value
Is REEM a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 27.26
52 Week Low 22.4516
Average Volume 719
200-Day Moving Average 24.726
50-Day Moving Average 24.3485
20-Day Moving Average 23.3811
10-Day Moving Average 23.8363
Average True Range 0.2504
ADX 19.49
+DI 50.5274
-DI 46.0317
Chandelier Exit (Long, 3 ATRs ) 23.6917
Chandelier Exit (Short, 3 ATRs ) 23.2028
Upper Bollinger Band 24.5425
Lower Bollinger Band 22.2197
Percent B (%b) 0.8
BandWidth 9.93452
MACD Line -0.0442
MACD Signal Line -0.2241
MACD Histogram 0.1799
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.11
Resistance 3 (R3) 24.12 24.11 24.11
Resistance 2 (R2) 24.11 24.10 24.11 24.10
Resistance 1 (R1) 24.09 24.09 24.09 24.09 24.10
Pivot Point 24.08 24.08 24.08 24.08 24.08
Support 1 (S1) 24.07 24.07 24.06 24.06 24.05
Support 2 (S2) 24.06 24.07 24.05 24.04
Support 3 (S3) 24.04 24.06 24.04
Support 4 (S4) 24.03