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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Reeds, Inc. (NASDAQ:REED)

Weak Downtrend (-65) - REED is showing signs of a strengthening downtrend. Monitor REED as it may be building momentum to the downside.

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.

NASDAQ_REED
Open High Low REED Price Change
1.750 1.800 1.600 1.630 -0.062
Entry Signal

MarketClub’s Trade Triangles for REED

long term down The long-term trend has been DOWN since Nov 2nd, 2023 at 2.40

intermediate term down The intermediate-term trend has been DOWN since Jan 25th, 2024 at 1.65

short term up The short-term trend has been UP since Mar 28th, 2024 at 1.66

Smart Scan Analysis for REED

Based on our trend formula, REED is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for REED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.750 1.800 1.600 1.630 -0.062
Prev. Close Volume Bid Ask Time
1.630 19185 2024-03-28 15:54:14
52wk High3.952wk High Date2023-03-30
52wk Low1.3552wk Low Date2024-03-15
Average Volume4,460Shares Outstanding4,169
Market Cap56MAssets24,687,000M
Liabilities37,447,000MP/E Ratio-0.44440000
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