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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
REE Automotive Ltd. - Class A Ordinary Shares (NASDAQ:REE)
Countertrend Down (-85) - REE is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid REE?
MarketClub looks at technical strength and momentum to determine if the timing is right for REE.
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 REE
The long-term trend has been DOWN since Apr 4th, 2024 at 4.479
The intermediate-term trend has been DOWN since Mar 14th, 2024 at 5.840
The short-term trend has been UP since Apr 17th, 2024 at 3.920
Smart Scan Analysis for REE
Based on our trend formula, REE is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.01 | 4.08 | 3.80 | 3.87 | -0.21 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.08 | 9441 | 2024-04-19 10:55:55 |
| 52wk High | 13.77 | 52wk High Date | 2023-06-16 |
| 52wk Low | 2.3001 | 52wk Low Date | 2023-10-25 |
| Average Volume | 35,359 | Shares Outstanding | 7,681 |
| Assets | 137,900,000M | Liabilities | 59,825,000M |
| P/E Ratio | -0.30720000 |