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Stock Trend Analysis Report

Prepared for you on Saturday, June 25, 2022.

Ring Energy, Inc. (AMEX:REI)

Strong Downtrend (-100) - REI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, REI continues to fall. Traders should use caution and set stops.

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.

AMEX_REI
Open High Low REI Price Change
3.0300 3.1200 2.8900 2.9085 -0.0615
Entry Signal

MarketClub’s Trade Triangles for REI

long term down The long-term trend has been DOWN since Jun 23rd, 2022 at 3.010

intermediate term down The intermediate-term trend has been DOWN since Jun 16th, 2022 at 3.955

short term down The short-term trend has been DOWN since Jun 9th, 2022 at 4.510

Smart Scan Analysis for REI

Based on our trend formula, REI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for REI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.0300 3.1200 2.8900 2.9085 -0.0615
Prev. Close Volume Bid Ask Time
2.9100 3378793 2022-06-24 15:59:33
Year High17.35Year High Date2018-05-09
Year Low6.75Year Low Date2018-10-29
52wk High5.0952wk High Date2022-05-06
52wk Low1.8152wk Low Date2021-08-20
Average Volume2,675,716Shares Outstanding106,701
Market Cap101MAssets704,054,538M
Liabilities394,796,378MP/E Ratio11.4231
Volatility54.33
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