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Stock Trend Analysis Report

Prepared for you on Sunday, September 24, 2023.

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, REE 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.

NASDAQ_REE
Open High Low REE Price Change
0.1500 0.1574 0.1500 0.1507 -0.0009
Entry Signal

MarketClub’s Trade Triangles for REE

long term down The long-term trend has been DOWN since Feb 11th, 2022 at 3.3988

intermediate term down The intermediate-term trend has been DOWN since Jul 14th, 2023 at 0.3800

short term down The short-term trend has been DOWN since Sep 21st, 2023 at 0.1520

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).

-100
Smart Scan Analysis for REE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1500 0.1574 0.1500 0.1507 -0.0009
Prev. Close Volume Bid Ask Time
0.1513 744747 2023-09-22 15:59:40
52wk High1.1252wk High Date2022-09-22
52wk Low0.141152wk Low Date2023-09-08
Average Volume1,157,623Shares Outstanding543,771
Assets241,762,000MLiabilities44,850,000M
P/E Ratio-0.29670000
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