REE AUTOMOTIVE LTD - CLASS A (REE)
IL0011786154 - Common Stock
Taking everything into account, REE scores 0 out of 10 in our technical rating. REE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, REE is a bad performer in the overall market: 93% of all stocks are doing better.
REE is part of the Automobile Components industry. There are 42 other stocks in this industry, of which 82% are performing better than REE.
REE is currently trading in the lower part of its 52 week range. The S&P500 Index however 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 3.44 - 6.30 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
REE has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.52
7.08
We found 1 important support area.
- A support zone ranging from 3.56 to 3.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @4.09 from a horizontal line in the daily time frame.
- Resistance @4.56 from a trend line in the daily time frame.
- Resistance @7.01 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.15
Mansfield-4.6
10 Day High4.22
10 Day Low3.44
20 Day High6.3
20 Day Low3.44
52 Week High13.77
52 Week Low2.3
Performance
1 Week-1.72%
2 Weeks-1.72%
1 Month-36.15%
3 Month-26.42%
6 Month49.07%
12 Month-54.38%
2 Year-92.77%
3 YearN/A
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)38.4
LBB3.31
UBB4.73
REE AUTOMOTIVE LTD - CLASS A
NASDAQ:REE (4/25/2024, 12:35:58 PM)
4.02
+0.01 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.25%
1 Week-1.72%
2 Weeks-1.72%
1 Month-36.15%
3 Month-26.42%
6 Month49.07%
12 Month-54.38%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.37
ATR(20)%10.73%
ATR Inc
Range Today0.22
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.22
10 Day Low3.44
20 Day High6.3
20 Day Low3.44
52 Week High13.77
52 Week Low2.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume16.43K
Volume Incr-47.57%
Vol(5)18.02K
Vol(50)37.11K