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Stock Trend Analysis Report

Prepared for you on Sunday, May 26, 2024.

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.

AMEX_REI
Open High Low REI Price Change
1.80 1.83 1.77 1.80 +0.02
Entry Signal

MarketClub’s Trade Triangles for REI

long term up The long-term trend has been UP since Mar 13th, 2024 at 1.6800

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2024 at 1.9213

short term down The short-term trend has been DOWN since May 23rd, 2024 at 1.8100

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).

-60
Smart Scan Analysis for REI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.80 1.83 1.77 1.80 +0.02
Prev. Close Volume Bid Ask Time
1.80 618555 2024-05-24 15:59:55
Year High17.35Year High Date2018-05-09
Year Low6.75Year Low Date2018-10-29
52wk High2.4352wk High Date2023-07-31
52wk Low1.2552wk Low Date2024-02-06
Average Volume1,460,569Shares Outstanding197,937
Market Cap101MAssets138,468,394M
Liabilities591,676,816MP/E Ratio4.45
Volatility54.33
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