Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
Ring Energy, Inc (AMEX:REI)
Crossroads (-60) - REI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for REI
The long-term trend has been UP since Nov 11th, 2019 at 2.52
The intermediate-term trend has been DOWN since Jan 21st, 2020 at 2.50
The short-term trend has been DOWN since Feb 10th, 2020 at 2.06
Smart Scan Analysis for REI
Based on our trend formula, REI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.90 | 1.91 | 1.85 | 1.90 | -0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.87 | 368894 | 2020-02-21 15:59:50 |
| Year High | 17.35 | Year High Date | 2018-05-09 |
| Year Low | 6.75 | Year Low Date | 2018-10-29 |
| 52wk High | 6.595 | 52wk High Date | 2019-03-05 |
| 52wk Low | 1.23 | 52wk Low Date | 2019-08-30 |
| Average Volume | 1,278,258 | Shares Outstanding | 67,812 |
| Market Cap | 101M | Assets | 962,791,654M |
| Liabilities | 436,046,740M | P/E Ratio | 7.6 |
| Volatility | 54.33 |