Rex American Resources Stock Technical Analysis

REX Stock  USD 55.30  1.85  3.24%   
As of the 19th of April, REX American holds the Risk Adjusted Performance of 0.0631, coefficient of variation of 1134.3, and Semi Deviation of 1.82. Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of REX American, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for REX American Resources, which can be compared to its competitors. Please check REX American Resources standard deviation, as well as the relationship between the value at risk and kurtosis to decide if REX American Resources is priced more or less accurately, providing market reflects its current price of 55.3 per share. Given that REX American has jensen alpha of 0.2971, we recommend you to check out REX American Resources's recent market performance to make sure the company can sustain itself at some point in the future.

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 REX
  
REX American's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

REX American Analyst Consensus

Target PriceAdvice# of Analysts
47.5Strong Buy1Odds
REX American Resources current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
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 Analyst Advice Details
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.
A focus of REX American technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of REX American trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

REX American Resources Technical Analysis

Indicator
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The output start index for this execution was fifty with a total number of output elements of eleven. 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   0.29  , 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 3242.04, 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 Outstanding15.317.12
PTB Ratio1.341.22

REX American April 19, 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.
When determining whether REX American Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of REX American's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rex American Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rex American Resources Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in REX American Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the REX American Resources information on this page should be used as a complementary analysis to other REX American's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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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.
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Is REX American's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of REX American. If investors know REX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about REX American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.494
Earnings Share
3.47
Revenue Per Share
47.671
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0692
The market value of REX American Resources is measured differently than its book value, which is the value of REX that is recorded on the company's balance sheet. Investors also form their own opinion of REX American's value that differs from its market value or its book value, called intrinsic value, which is REX American's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because REX American's market value can be influenced by many factors that don't directly affect REX American's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between REX American's value and its price as these two are different measures arrived at by different means. Investors typically determine if REX American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, REX American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.