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Stock Trend Analysis Report

Prepared for you on Tuesday, December 3, 2024.

Ring Energy, Inc. (AMEX:REI)

Sidelines Mode (+50) - REI is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until REI can gain momentum.

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
1.540 1.550 1.500 1.505 -0.025
Entry Signal

MarketClub’s Trade Triangles for REI

long term down The long-term trend has been DOWN since Oct 18th, 2024 at 1.530

intermediate term up The intermediate-term trend has been UP since Nov 7th, 2024 at 1.675

short term up The short-term trend has been UP since Dec 2nd, 2024 at 1.550

Smart Scan Analysis for REI

Based on our trend formula, REI is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for REI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.540 1.550 1.500 1.505 -0.025
Prev. Close Volume Bid Ask Time
1.530 995966 2024-12-03 15:37:36
Year High17.35Year High Date2018-05-09
Year Low6.75Year Low Date2018-10-29
52wk High2.197852wk High Date2024-04-12
52wk Low1.2552wk Low Date2024-02-06
Average Volume1,922,294Shares Outstanding19,820
Market Cap101MAssets139,976,501M
Liabilities548,454,867MP/E Ratio2.6842
Volatility54.33
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