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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Ring Energy, Inc. (AMEX:REI)

Long-Term Downtrend (-90) - REI is in a strong downtrend that is likely to continue. While REI is showing intraday strength, it remains in the confines of a bearish trend. 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
1.24 1.29 1.22 1.28 +0.06
Entry Signal

MarketClub’s Trade Triangles for REI

long term down The long-term trend has been DOWN since Oct 18th, 2024 at 1.53

intermediate term down The intermediate-term trend has been DOWN since Dec 4th, 2024 at 1.49

short term down The short-term trend has been DOWN since Dec 4th, 2024 at 1.50

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).

-90
Smart Scan Analysis for REI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.24 1.29 1.22 1.28 +0.06
Prev. Close Volume Bid Ask Time
1.28 1211793 2024-12-24 12:59:52
Year High17.35Year High Date2018-05-09
Year Low6.75Year Low Date2018-10-29
52wk High2.197852wk High Date2024-04-12
52wk Low1.2152wk Low Date2024-12-23
Average Volume1,817,097Shares Outstanding19,820
Market Cap101MAssets139,976,501M
Liabilities548,454,867MP/E Ratio2.2456
Volatility54.33
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