Title
by Americanbulls.com LLC
Last Update
08/19/2022
REX
REX AMERICAN RESOURCES
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
32.2800
Change:
-0.8600
Percent change
-2.60%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 32.3200, and our valid average selling price stands now at 32.2800. The previous BUY signal was issued on 08/15/2022, 4 days ago, when the stock price was 32.8600. Since then REX has fallen by -1.77%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
08/19/202232.2800SELL 310.12
08/15/202232.8600BUY 316.32
08/04/202231.5473SELL 316.95
07/27/202210.2960BUY 103.65
07/21/202210.3082SELL 103.86
07/18/202210.1100BUY 102.07
07/12/20229.4302SHORT 110.44
07/01/20229.4683BUY 111.33
06/29/20229.5752SELL 111.55
06/27/20229.7944BUY 114.33
06/13/202210.0387SELL 114.56
05/25/20229.8018BUY 112.08
05/18/202210.0744SELL 112.30
05/12/20229.4914BUY 106.01
05/09/20229.3404SHORT 108.18
05/04/20229.6970BUY 112.76
04/18/202210.1031SHORT 108.84
04/12/20229.7720BUY 105.70
04/04/202211.0166SELL 105.91
03/30/202211.1536BUY 107.44
03/28/202211.2345SELL 107.66
03/23/202211.4689BUY 110.13
03/14/202210.5886SELL 110.35
03/09/202210.9413BUY 114.25
03/03/202210.8553SELL 114.48
02/24/20229.4440BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
08/19/202232.2800SELL 344.22
08/15/202232.8600BUY 351.11
08/04/202231.5473SELL 351.81
07/27/202210.2960BUY 115.05
07/21/202210.3082SELL 115.28
07/18/202210.1100BUY 113.29
07/12/20229.4302SHORT 122.58
07/01/20229.4683BUY 123.57
06/29/20229.5752SELL 123.82
06/27/20229.7944BUY 126.91
06/13/202210.0387SELL 127.16
05/25/20229.8018BUY 124.41
05/18/202210.0744SELL 124.66
05/12/20229.4914BUY 117.68
05/09/20229.3404SHORT 120.09
05/04/20229.6970BUY 125.17
04/18/202210.1031SHORT 120.82
04/12/20229.7720BUY 117.33
04/04/202211.0166SELL 117.57
03/30/202211.1536BUY 119.27
03/28/202211.2345SELL 119.51
03/23/202211.4689BUY 122.25
03/14/202210.5886SELL 122.49
03/09/202210.9413BUY 126.82
03/03/202210.8553SELL 127.07
02/24/20229.4440BUY 110.77
02/03/202210.8605SELL 110.99
01/31/202210.5100BUY 107.62
01/27/202210.7077SELL 107.84
01/25/202211.0389BUY 111.40
01/06/202211.6644SELL 111.62
01/04/202211.4200BUY 109.50
12/29/202110.8825SHORT 115.65
12/21/202110.5305BUY 112.36
12/06/202111.1744SELL 112.59
12/01/202110.6034BUY 107.05
11/26/20219.9379SHORT 115.19
11/16/20219.6844BUY 112.70
11/09/202110.6218SELL 112.93
10/11/20219.2289BUY 98.32
09/28/20218.9123SELL 98.52
09/21/20218.7984BUY 97.46
09/09/20218.8691SHORT 97.08
08/24/20219.0811BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
08/19/202232.2800SELL 867.31
08/15/202232.8600BUY 884.66
08/04/202231.5473SELL 886.43
07/27/202210.2960BUY 289.88
07/21/202210.3082SELL 290.46
07/18/202210.1100BUY 285.45
07/12/20229.4302SHORT 308.86
07/01/20229.4683BUY 311.35
06/29/20229.5752SELL 311.97
06/27/20229.7944BUY 319.75
06/13/202210.0387SELL 320.39
05/25/20229.8018BUY 313.46
05/18/202210.0744SELL 314.09
05/12/20229.4914BUY 296.51
05/09/20229.3404SHORT 302.59
05/04/20229.6970BUY 315.40
04/18/202210.1031SHORT 304.43
04/12/20229.7720BUY 295.63
04/04/202211.0166SELL 296.22
03/30/202211.1536BUY 300.50
03/28/202211.2345SELL 301.10
03/23/202211.4689BUY 308.00
03/14/202210.5886SELL 308.62
03/09/202210.9413BUY 319.54
03/03/202210.8553SELL 320.18
02/24/20229.4440BUY 279.11
02/03/202210.8605SELL 279.67
01/31/202210.5100BUY 271.19
01/27/202210.7077SELL 271.73
01/25/202211.0389BUY 280.70
01/06/202211.6644SELL 281.26
01/04/202211.4200BUY 275.92
12/29/202110.8825SHORT 291.42
12/21/202110.5305BUY 283.13
12/06/202111.1744SELL 283.70
12/01/202110.6034BUY 269.74
11/26/20219.9379SHORT 290.26
11/16/20219.6844BUY 283.99
11/09/202110.6218SELL 284.56
10/11/20219.2289BUY 247.74
09/28/20218.9123SELL 248.24
09/21/20218.7984BUY 245.56
09/09/20218.8691SHORT 244.60
08/24/20219.0811BUY 251.45
08/17/20218.6256SHORT 266.53
08/10/20219.2086BUY 285.69
08/02/20219.0081SELL 286.26
07/28/20219.0466BUY 288.06
07/23/20218.8547SHORT 295.62
07/20/20218.6869BUY 291.18
06/22/202110.7813SELL 291.76
06/08/202110.3863BUY 281.63
06/03/202110.6852SELL 282.19
05/24/20218.7067BUY 230.40
05/19/20218.5639SHORT 235.25
05/14/20218.6173BUY 237.67
05/06/20219.1588SHORT 225.30
04/26/20219.1426BUY 225.80
03/12/202112.5449SELL 226.25
02/22/202110.1680BUY 183.75
02/12/202110.5056SELL 184.12
02/02/20219.0164BUY 158.34
01/25/20219.6533SELL 158.66
01/19/202110.0885BUY 166.14
01/08/20219.5874SHORT 176.01
01/04/20218.3739BUY 154.35
12/08/202010.2809SELL 154.66
12/02/20209.0245BUY 136.03
11/18/20209.6498SELL 136.30
11/16/20209.5365BUY 134.97
11/12/20209.2058SELL 135.24
11/02/20208.2181BUY 120.97
10/23/20208.3955SELL 121.21
10/21/20208.3531BUY 120.84
10/19/20208.0302SELL 121.08
09/28/20207.0697BUY 106.81
09/23/20207.0952SHORT 106.85
09/18/20207.1089BUY 107.49
09/10/20207.3431SHORT 104.59
09/01/20206.9789BUY 99.80
† Trade commissions are taken as 0.20%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Americanbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Americanbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Americanbulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Americanbulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.