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Stock Trend Analysis Report

Prepared for you on Sunday, October 1, 2023.

Ring Energy, Inc. (AMEX:REI)

Long-Term Uptrend (+90) - REI is in a strong uptrend that is likely to continue. While REI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid REI?

MarketClub looks at technical strength and momentum to determine if the timing is right for REI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low REI Price Change
2.030 2.030 1.950 1.965 -0.045
Entry Signal

MarketClub’s Trade Triangles for REI

long term up The long-term trend has been UP since Jul 18th, 2023 at 2.180

intermediate term up The intermediate-term trend has been UP since Sep 5th, 2023 at 2.020

short term up The short-term trend has been UP since Sep 25th, 2023 at 1.935

Smart Scan Analysis for REI

Based on our trend formula, REI is rated as a +90 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
2.030 2.030 1.950 1.965 -0.045
Prev. Close Volume Bid Ask Time
1.950 2060682 2023-09-29 15:59:52
Year High17.35Year High Date2018-05-09
Year Low6.75Year Low Date2018-10-29
52wk High3.46552wk High Date2022-11-07
52wk Low1.62552wk Low Date2023-03-16
Average Volume2,588,705Shares Outstanding195,357
Market Cap101MAssets128,201,505M
Liabilities543,174,736MP/E Ratio2.3103
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