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Stock Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

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

Countertrend Down (-85) - REE is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
4.0800 4.1590 4.0625 4.0650 -0.1350
Entry Signal

MarketClub’s Trade Triangles for REE

long term down The long-term trend has been DOWN since Apr 4th, 2024 at 4.479

intermediate term down The intermediate-term trend has been DOWN since Jun 4th, 2024 at 4.260

short term up The short-term trend has been UP since Jun 12th, 2024 at 3.980

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
4.0800 4.1590 4.0625 4.0650 -0.1350
Prev. Close Volume Bid Ask Time
4.2000 3948 2024-06-13 11:35:43
52wk High13.7752wk High Date2023-06-16
52wk Low2.300152wk Low Date2023-10-25
Average Volume41,931Shares Outstanding7,681
Assets130,241,000MLiabilities59,904,000M
P/E Ratio-0.30720000
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