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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

REE Automotive Ltd. - Class A Ordinary Shares (NASDAQ:REE)

Countertrend Up (+85) - REE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

NASDAQ_REE
Open High Low REE Price Change
8.24 9.00 8.16 9.00 +0.71
Entry Signal

MarketClub’s Trade Triangles for REE

long term up The long-term trend has been UP since Sep 16th, 2024 at 4.58

intermediate term up The intermediate-term trend has been UP since Dec 10th, 2024 at 8.78

short term down The short-term trend has been DOWN since Dec 17th, 2024 at 9.70

Smart Scan Analysis for REE

Based on our trend formula, REE is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for REE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.24 9.00 8.16 9.00 +0.71
Prev. Close Volume Bid Ask Time
8.29 67062 2024-12-26 14:22:35
52wk High11.7252wk High Date2024-12-11
52wk Low2.9152wk Low Date2024-09-13
Average Volume115,136Shares Outstanding7,681
Assets143,892,000MLiabilities86,185,000M
P/E Ratio-0.30720000
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