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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Weak Downtrend (-65) - REE is showing signs of a strengthening downtrend. Monitor REE as it may be building momentum to the downside.

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
3.9600 4.0500 3.9100 3.9816 -0.0384
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 up The intermediate-term trend has been UP since Jul 12th, 2024 at 4.200

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 4.250

Smart Scan Analysis for REE

Based on our trend formula, REE is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for REE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.9600 4.0500 3.9100 3.9816 -0.0384
Prev. Close Volume Bid Ask Time
4.0200 10994 2024-07-26 15:24:44
52wk High10.62352wk High Date2023-08-01
52wk Low2.300152wk Low Date2023-10-25
Average Volume27,401Shares Outstanding7,681
Assets130,241,000MLiabilities59,904,000M
P/E Ratio-0.30720000
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