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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
REE Automotive Ltd. - Class A Ordinary Shares (NASDAQ:REE)
Crossroads (-60) - REE 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 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 DOWN since Nov 11th, 2024 at 7.10
Smart Scan Analysis for REE
Based on our trend formula, REE is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.06 | 7.06 | 6.60 | 6.79 | -0.27 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.78 | 27725 | 2024-11-19 15:59:04 |
| 52wk High | 8.79 | 52wk High Date | 2024-11-11 |
| 52wk Low | 2.91 | 52wk Low Date | 2024-09-13 |
| Average Volume | 54,749 | Shares Outstanding | 7,681 |
| Assets | 116,922,000M | Liabilities | 54,039,000M |
| P/E Ratio | -0.30720000 |