REE AUTOMOTIVE LTD - CLASS A (REE) Stock Technical Analysis
NASDAQ:REE - Nasdaq - IL0011786154 - Common Stock - Currency: USD
Overall REE gets a technical rating of 0 out of 10. REE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, REE is a bad performer in the overall market: 100% of all stocks are doing better.
REE is part of the Automobile Components industry. There are 81 other stocks in this industry, of which 97% are performing better than REE.
REE is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so REE is lagging the market.
In the last month REE has a been trading in the 0.88 - 3.60 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of REE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.92
0.94
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.63
Mansfield-8.41
10 Day High3.61
10 Day Low0.88
20 Day High3.61
20 Day Low0.88
52 Week High11.72
52 Week Low0.88
Performance
1 Week-67.6%
2 Weeks-68.15%
1 Month-61.89%
3 Month-88.49%
6 Month-86.66%
12 Month-81.36%
2 Year-91.83%
3 Year-98.06%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)24.85
LBB1.7
UBB3.96
0.93
-2.36 (-71.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-71.73%
1 Week-67.6%
2 Weeks-68.15%
1 Month-61.89%
3 Month-88.49%
6 Month-86.66%
12 Month-81.36%
2 Year-91.83%
3 Year-98.06%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%39.34%
ATR Inc439.54%
Range Today1.54
ADR(20)0.31
ADR(20)%33.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.63
Mansfield-8.41
10 Day High3.61
10 Day Low0.88
20 Day High3.61
20 Day Low0.88
52 Week High11.72
52 Week Low0.88
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-8.54%
DER(5)-3.91%
Volume7.06M
Volume Incr1402.96%
Vol(5)1.51M
Vol(50)297.12K