RING ENERGY INC (REI) Stock Technical Analysis
NYSEARCA:REI - NYSE Arca - US76680V1089 - Common Stock - Currency: USD
Overall REI gets a technical rating of 0 out of 10. REI'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 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, REI is a bad performer in the overall market: 92% of all stocks are doing better.
REI is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 83% are performing better than REI.
REI is currently trading near the lower end of its 52 week range, which is not a good sign. REI is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month REI has a been trading in the 0.80 - 0.95 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.
REI has an average volume of 2169510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
REI has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
0.81
1.63
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.93 to 0.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.15 from a trend line in the daily time frame.
- Resistance @1.61 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
CRS8.09
Mansfield-4.43
10 Day High0.95
10 Day Low0.81
20 Day High0.95
20 Day Low0.8
52 Week High2.06
52 Week Low0.78
Performance
1 Week-8.89%
2 Weeks-8.7%
1 Month-9.25%
3 Month-35.43%
6 Month-47.1%
12 Month-53.14%
2 Year-51.76%
3 Year-81.53%
5 Year-31.09%
10 Year-92.86%
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)0.01
RSI(14)36.52
LBB0.83
UBB0.95
0.82
-0.03 (-3.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.54%
1 Week-8.89%
2 Weeks-8.7%
1 Month-9.25%
3 Month-35.43%
6 Month-47.1%
12 Month-53.14%
2 Year-51.76%
3 Year-81.53%
5 Year-31.09%
10 Year-92.86%
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%7.33%
ATR Inc9.36%
Range Today0.07
ADR(20)0.06
ADR(20)%6.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.09
Mansfield-4.43
10 Day High0.95
10 Day Low0.81
20 Day High0.95
20 Day Low0.8
52 Week High2.06
52 Week Low0.78
CS1 EndN/A
CR1 Start0.93
Volume & EV
DER(3)-4.59%
DER(5)-5.83%
Volume2.89M
Volume Incr-40.06%
Vol(5)1.54M
Vol(50)2.17M