AXS Real Estate Income ETF Price & Performance (RINC)

Recent technical analysis for AXS Real Estate Income ETF (RINC) suggests traders consider buying near $22.75 with a target of $23.86, while setting a stop loss at $22.68. Resistance at $23.86 also signals a short opportunity, targeting $22.75. These levels provide actionable insights for both long and short positions.1

RINC's resistance at $22.73 presents a potential shorting opportunity with a target of $21.6, while a break above $22.73 suggests a long position aiming for $22.99. Stop losses are critical, with $22.8 and $22.66 recommended for short and long trades, respectively. These strategies align with technical analysis principles.2

Analysis indicates $23.86 as a crucial resistance level for RINC, offering short opportunities with a downside target of $22.81. Alternatively, a break above this level signals a buy, with no specified target. Stop losses at $23.93 and $23.79 are advised to manage risk effectively in these scenarios.1