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Stock Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
RARE ELEMENT RES LTD (NASDAQ:REEMF)
Sidelines Mode (+55) - REEMF 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 REEMF?
MarketClub looks at technical strength and momentum to determine if the timing is right for REEMF.
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 REEMF
The long-term trend has been UP since Jul 3rd, 2023 at 0.340
The intermediate-term trend has been DOWN since Aug 17th, 2023 at 0.537
The short-term trend has been UP since Oct 2nd, 2023 at 0.535
Smart Scan Analysis for REEMF
Based on our trend formula, REEMF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.4725 | 0.5470 | 0.4725 | 0.5000 | +0.0150 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.5000 | 41686 | 2023-10-02 15:45:00 |
| Year High | 0.25 | Year High Date | 2018-01-02 |
| Year Low | 0.075 | Year Low Date | 2018-08-27 |
| 52wk High | 0.989 | 52wk High Date | 2023-07-11 |
| 52wk Low | 0.24 | 52wk Low Date | 2023-04-05 |
| Average Volume | 56,803 | Shares Outstanding | 212,742 |
| Assets | 16,967,000M | Liabilities | 2,082,000M |
| Volatility | 146.37 |