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Stock Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
REE Automotive Ltd. - Class A Ordinary Shares (NASDAQ:REE)
Bull Market Weakness (+75) - REE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on REE as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid REE?
MarketClub looks at technical strength and momentum to determine if the timing is right for REE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for REE
The long-term trend has been UP since Sep 16th, 2024 at 4.58
The intermediate-term trend has been DOWN since Nov 18th, 2024 at 6.80
The short-term trend has been UP since Nov 21st, 2024 at 7.20
Smart Scan Analysis for REE
Based on our trend formula, REE is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.7900 | 8.0600 | 7.5119 | 8.0600 | +0.3300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.9400 | 32001 | 2024-12-02 15:03:31 |
| 52wk High | 8.79 | 52wk High Date | 2024-11-11 |
| 52wk Low | 2.91 | 52wk Low Date | 2024-09-13 |
| Average Volume | 48,604 | Shares Outstanding | 7,681 |
| Assets | 116,922,000M | Liabilities | 54,039,000M |
| P/E Ratio | -0.30720000 |