Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
REE Automotive Ltd. - Class A Ordinary Shares (NASDAQ:REE)
Strong Downtrend (-100) - REE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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.
MarketClub’s Trade Triangles for REE
The long-term trend has been DOWN since Jul 27th, 2021 at 9.9500
The intermediate-term trend has been DOWN since Jul 27th, 2021 at 9.9500
The short-term trend has been DOWN since Oct 15th, 2021 at 4.0584
Smart Scan Analysis for REE
Based on our trend formula, REE is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.66||52wk High Date||2021-07-26|
|52wk Low||3.8||52wk Low Date||2021-10-06|
|Average Volume||961,855||Shares Outstanding||543,771|