Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Wednesday, December 19, 2018.

Ring Energy, Inc (AMEX:REI)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low REI Price Change
5.14 5.27 4.95 4.97 -0.18
Entry Signal

MarketClub’s Trade Triangles for REI

long term down The long term trend has been DOWN since Jun 4th, 2018 at 12.89

intermediate term down The intermediate term trend has been DOWN since Jul 30th, 2018 at 12.50

short term down The short term trend has been DOWN since Nov 28th, 2018 at 7.01

Smart Scan Analysis for REI

Based on a pre-defined weighted trend formula for chart analysis, REI scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for REI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.14 5.27 4.95 4.97 -0.18
Prev. Close Volume Bid Ask Time
7.36 74043 2018-12-19 09:59:03
Year High17.35Year High Date2018-05-09
Year Low6.75Year Low Date2018-10-29
52wk High17.3552wk High Date2018-05-09
52wk Low6.7552wk Low Date2018-10-29
Average Volume652,774Volatility54.33
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