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Stock Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
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.
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MarketClub’s Trade Triangles for REED
The long-term trend has been DOWN since May 29th, 2019 at 3.605
The intermediate-term trend has been UP since Apr 30th, 2020 at 0.530
The short-term trend has been DOWN since May 21st, 2020 at 0.670
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.6800 | 0.7000 | 0.6710 | 0.6856 | +0.0056 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.4700 | 206666 | 2020-05-27 15:59:57 |
| 52wk High | 4.05 | 52wk High Date | 2019-04-26 |
| 52wk Low | 0.3612 | 52wk Low Date | 2020-03-19 |
| Average Volume | 224,653 | Shares Outstanding | 47,595 |
| Market Cap | 56M | Assets | 15,992,000M |
| Liabilities | 14,845,000M | P/E Ratio | -9.2 |