Technical Analysis for REEM - Oppenheimer Revenue Weighted ETF Trust ETF

Grade Last Price % Change Price Change
grade F 22.9558 1.48% 0.34
REEM closed up 1.48 percent on Tuesday, August 20, 2019, on 13 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Flat
See historical REEM trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction 1.48%
Oversold Stochastic Weakness 1.48%
New 52 Week Closing Low Bearish 2.13%
New 52 Week Low Weakness 2.13%
Gapped Down Weakness 2.13%
Oversold Stochastic Weakness 2.13%
Narrow Range Bar Range Contraction -0.67%

Older signals for REEM ...

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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, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 27.96
52 Week Low 22.4516
Average Volume 770
200-Day Moving Average 24.8218
50-Day Moving Average 24.4979
20-Day Moving Average 24.0318
10-Day Moving Average 23.0495
Average True Range 0.2564
ADX 30.59
+DI 31.0178
-DI 63.8739
Chandelier Exit (Long, 3 ATRs ) 24.5308
Chandelier Exit (Short, 3 ATRs ) 23.2208
Upper Bollinger Band 26.1139
Lower Bollinger Band 21.9497
Percent B (%b) 0.24
BandWidth 17.327874
MACD Line -0.6268
MACD Signal Line -0.4922
MACD Histogram -0.1346
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.96
Resistance 3 (R3) 22.96 22.96 22.96
Resistance 2 (R2) 22.96 22.96 22.96 22.96
Resistance 1 (R1) 22.96 22.96 22.96 22.96 22.96
Pivot Point 22.96 22.96 22.96 22.96 22.96
Support 1 (S1) 22.96 22.96 22.96 22.96 22.96
Support 2 (S2) 22.96 22.96 22.96 22.96
Support 3 (S3) 22.96 22.96 22.96
Support 4 (S4) 22.96