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Stock Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Reeds, Inc. (NASDAQ:REED)

Sidelines Mode (+55) - REED is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid REED?

MarketClub looks at technical strength and momentum to determine if the timing is right for REED.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_REED
Open High Low REED Price Change
1.67 1.67 1.58 1.58 -0.14
Entry Signal

MarketClub’s Trade Triangles for REED

long term up The long-term trend has been UP since Apr 15th, 2024 at 2.009

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2024 at 1.800

short term down The short-term trend has been DOWN since Apr 22nd, 2024 at 1.830

Smart Scan Analysis for REED

Based on our trend formula, REED is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for REED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.67 1.67 1.58 1.58 -0.14
Prev. Close Volume Bid Ask Time
1.64 3204 2024-04-25 15:04:24
52wk High3.7552wk High Date2023-08-28
52wk Low1.3552wk Low Date2024-03-15
Average Volume4,469Shares Outstanding4,187
Market Cap56MAssets18,883,000M
Liabilities38,064,000MP/E Ratio-0.44440000
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