REED'S INC (REED)

US7583383051 - Common Stock

3.24  -0.19 (-5.54%)

After market: 3.37 +0.13 (+4.01%)

Technical Rating and Analysis

0

Taking everything into account, REED scores 0 out of 10 in our technical rating. REED'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
97% of all other stocks performed better in the past year than REED.
REED is part of the Beverages industry. There are 32 other stocks in this industry, of which 96% are performing better than REED.
REED 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 REED is lagging the market.
In the last month REED has a been trading in the 2.41 - 4.65 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.
REED has an average volume of 1869800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
REED Weekly chart
REED Daily chart
Setup Rating and Analysis

3

The technical rating of REED is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

3.21

3.90

2 important resistance areas can be observed.

  • A resistance zone ranging from 3.66 to 3.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 3.85 to 3.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.17
Mansfield-6.19
10 Day High4.5
10 Day Low2.41
20 Day High4.65
20 Day Low2.41
52 Week High21.5
52 Week Low2.41
Performance
1 Week-8.86%
2 Weeks-21.55%
1 Month-28%
3 Month-40.93%
6 Month-66.94%
12 Month-76%
2 YearN/A
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)-0.06
RSI(14)38.09
LBB3.09
UBB4.29
REED Daily chart

REED'S INC

NASDAQ:REED (2/15/2023, 7:19:32 PM)

After market: 3.37 +0.13 (+4.01%)

3.24

-0.19 (-5.54%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-5.54%
1 Week-8.86%
2 Weeks-21.55%
1 Month-28%
3 Month-40.93%
6 Month-66.94%
12 Month-76%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.5
ATR(20)%17.1%
ATR Inc
Range Today1.04
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 High4.5
10 Day Low2.41
20 Day High4.65
20 Day Low2.41
52 Week High21.5
52 Week Low2.41
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume201.10K
Volume Incr-91.99%
Vol(5)60.14K
Vol(50)1.87M