Stock Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
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.
MarketClub’s Trade Triangles for REE
The long-term trend has been DOWN since Feb 11th, 2022 at 3.3988
The intermediate-term trend has been UP since Aug 11th, 2022 at 1.3400
The short-term trend has been UP since Aug 4th, 2022 at 1.2350
Smart Scan Analysis for REE
Based on our trend formula, REE is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.92||52wk High Date||2021-08-12|
|52wk Low||1.05||52wk Low Date||2022-07-25|
|Average Volume||1,232,338||Shares Outstanding||543,771|