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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

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
4.0100 4.0800 3.4601 3.5600 -0.5200
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 Mar 14th, 2024 at 5.840

short term down The short-term trend has been DOWN since Apr 19th, 2024 at 3.480

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
4.0100 4.0800 3.4601 3.5600 -0.5200
Prev. Close Volume Bid Ask Time
4.0800 41661 2024-04-19 15:54:52
52wk High13.7752wk High Date2023-06-16
52wk Low2.300152wk Low Date2023-10-25
Average Volume35,359Shares Outstanding7,681
Assets137,900,000MLiabilities59,825,000M
P/E Ratio-0.30720000
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