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Re/Max Holdings Declining With Trend-Confirming Volume (RMAX)

By David Diaz

The price of Re/Max Holdings shares has slipped to $25.39 (a 3.8% change) on heavy trading volume. About 361,000 shares have been traded today, as compared to the 30-day average volume of 279,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that its subscribers protect gains by selling shares of Re/Max Holdings on July 19th, 2019 by issuing a Downtrend alert when the shares were trading at $29.15. Since that call, shares of Re/Max Holdings have fallen 9.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Re/Max Holdings share prices have moved between a 52-week high of $50.35 and the current low of $25.52 and are currently at $25.52 per share. The 200-day and 50-day moving averages have moved 0.54% lower and 0.68% lower over the past week, respectively.

Keywords: unusual volume re/max holdings

Ticker(s): RMAX