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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.
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MarketClub’s Trade Triangles for REE
The long-term trend has been DOWN since Feb 11th, 2022 at 3.3988
The intermediate-term trend has been DOWN since Jul 14th, 2023 at 0.3800
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).
| 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 High | 1.12 | 52wk High Date | 2022-09-22 |
| 52wk Low | 0.1411 | 52wk Low Date | 2023-09-08 |
| Average Volume | 1,157,623 | Shares Outstanding | 543,771 |
| Assets | 241,762,000M | Liabilities | 44,850,000M |
| P/E Ratio | -0.29670000 |