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Stock Trend Analysis Report
Prepared for you on Sunday, August 14, 2022.
RARE ELEMENT RES LTD (NASDAQ:REEMF)
Bull Market Weakness (+75) - REEMF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on REEMF as it may be in the beginning stages of a reversal.
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 DOWN since Nov 17th, 2021 at 1.1500
The intermediate-term trend has been UP since Jul 21st, 2022 at 0.6487
The short-term trend has been UP since Aug 4th, 2022 at 0.6995
Smart Scan Analysis for REEMF
Based on our trend formula, REEMF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7200 | 0.8390 | 0.7200 | 0.7705 | +0.0555 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8065 | 76828 | 2022-08-12 15:54:00 |
| Year High | 0.25 | Year High Date | 2018-01-02 |
| Year Low | 0.075 | Year Low Date | 2018-08-27 |
| 52wk High | 2.75 | 52wk High Date | 2021-10-12 |
| 52wk Low | 0.45 | 52wk Low Date | 2022-06-29 |
| Average Volume | 98,010 | Shares Outstanding | 212,467 |
| Assets | 24,099,000M | Liabilities | 1,859,000M |
| Volatility | 146.37 |