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REX Stock REX American Resources (REX, $57.61) Stochastic Oscillator left the overbought zone on May 07, 2024

A.I.dvisor
at Tickeron.com
05/08/24
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REX - REX American Resources Corp
Stochastic signal
Bearish Trend
Odds of DOWN Trend
Tickeron
Stochastic signal
Price: $57.61
Daily change: +$0.02 (+0.03%)
Daily volume: 202.9K
Capitalization: $1B
Industry: Chemicals: Specialty
This is a signal that REX's price trend could be reversing, and it may be an opportunity to sell the stock or take a defensive position. A.I.dvisor identified 70 similar cases where REX's stochastic oscillator exited the overbought zone, and of them led to successful outcomes. Odds of Success:

REX saw its Stochastic Oscillator leaves the overbought zone

The Stochastic Oscillator for REX moved out of overbought territory on November 13, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 71 similar instances where the indicator exited the overbought zone. In of the 71 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for REX moved out of overbought territory on November 07, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 27 similar instances where the indicator moved out of overbought territory. In of the 27 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where REX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

REX broke above its upper Bollinger Band on November 06, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 04, 2024. You may want to consider a long position or call options on REX as a result. In of 107 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for REX just turned positive on November 05, 2024. Looking at past instances where REX's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

REX moved above its 50-day moving average on November 04, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for REX crossed bullishly above the 50-day moving average on November 05, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 21 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where REX advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 206 cases where REX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock better than average.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. REX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.006) is normal, around the industry mean (3.589). P/E Ratio (16.977) is within average values for comparable stocks, (33.984). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (6.035). Dividend Yield (0.000) settles around the average of (0.037) among similar stocks. P/S Ratio (1.242) is also within normal values, averaging (91.875).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

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General Information

a company which engages in the production and sale of ethanol and distillers grains

Industry ChemicalsSpecialty

Profile
Fundamentals
Details
Industry
Chemicals Specialty
Address
7720 Paragon Road
Phone
+1 937 276-3931
Employees
122
Web
https://www.rexamerican.com