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Stock Trend Analysis Report

Prepared for you on Saturday, October 24, 2020.

Ring Energy, Inc (AMEX:REI)

Sidelines Mode (+50) - REI is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until REI can gain momentum.

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

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

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

AMEX_REI
Open High Low REI Price Change
0.7333 0.7600 0.7091 0.7119 -0.0181
Entry Signal

MarketClub’s Trade Triangles for REI

long term down The long-term trend has been DOWN since Aug 31st, 2020 at 0.6800

intermediate term up The intermediate-term trend has been UP since Oct 8th, 2020 at 0.8089

short term up The short-term trend has been UP since Oct 21st, 2020 at 0.7210

Smart Scan Analysis for REI

Based on our trend formula, REI is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for REI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7333 0.7600 0.7091 0.7119 -0.0181
Prev. Close Volume Bid Ask Time
0.7381 557286 2020-10-23 15:59:27
Year High17.35Year High Date2018-05-09
Year Low6.75Year Low Date2018-10-29
52wk High3.3152wk High Date2020-01-08
52wk Low0.518252wk Low Date2020-04-21
Average Volume1,771,192Shares Outstanding67,981
Market Cap101MAssets847,213,387M
Liabilities413,011,450MVolatility54.33
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