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Is Real Brokerage Inc (REAX) a Stock to Watch After Gaining 14.77% This Week?

Friday, March 08, 2024 10:46 AM | InvestorsObserver Analysts

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Is Real Brokerage Inc (REAX) a Stock to Watch After Gaining 14.77% This Week?

The market has been high on Real Brokerage Inc (REAX) stock recently. REAX gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Real Brokerage Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on REAX!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With REAX Stock Today?

Real Brokerage Inc (REAX) stock is trading at $3.42 as of 10:42 AM on Friday, Mar 8, a loss of -$0.01, or -0.34% from the previous closing price of $3.43. Volume today is light. So far 185,665 shares have traded compared to average volume of 419,981 shares. The stock has traded between $3.30 and $3.52 so far today. To see InvestorsObserver's Sentiment Score for Real Brokerage Inc click here.

More About Real Brokerage Inc

The Real Brokerage Inc is a technology-powered real estate brokerage firm. It offers agents a mobile focused tech-platform to run its business, as well as business terms and wealth building opportunities. The company generates revenue primarily from commissions from the sale of real estate properties. Its other sources of revenue include subscription income from the brokerage-platform and immaterial amounts relating to auxiliary services. Click Here to get the full Stock Report for Real Brokerage Inc stock.

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