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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, REI is a bad performer in the overall market: 96% 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 90% are performing better than REI.
REI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month REI has a been trading in the 0.72 - 1.00 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.
REI has an average volume of 3353760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of REI 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.
More info and screens
0.72
1.01
We found 1 important support area.
- A support zone ranging from 0.73 to 0.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.86 to 0.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.00 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for REI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for REI is down. |
| ChartMill Relative Strength | 4.68 | NEGATIVE | REI has a low relative strength, it was outperformed by 95.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of REI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of REI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of REI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.96 | NEUTRAL | The RSI value for REI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests REI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 16.95 | OVERSOLD | The low Stochastics value suggests REI may be oversold. |
| Average True Range in percent/ATR (20) | 7.83 | HIGH VOLATILITY | The high ATR as a percentage value for REI suggests high volalility. |
| Average Directional Index/ADX (14) | 24 | NEUTRAL | The ADX value for REI suggests a possible start of a new trend. |
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)
NYSEARCA:REI (6/26/2025, 10:15:00 AM)
0.7732
+0 (+0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.42%
1 Week-13.63%
2 Weeks-3.89%
1 Month-2.53%
3 Month-33.62%
6 Month-38.4%
12 Month-54.44%
2 Year-54.97%
3 Year-71.05%
5 Year-33.62%
10 Year-93.12%
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%7.83%
ATR Inc-37.18%
Range Today0.02
ADR(20)0.06
ADR(20)%7.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.68
Mansfield-4.62
10 Day High1
10 Day Low0.74
20 Day High1
20 Day Low0.72
52 Week High2.06
52 Week Low0.72
CS1 End0.73
CR1 Start0.86
Volume & EV
DER(3)4.71%
DER(5)-1.69%
Volume350.69K
Volume Incr15.9%
Vol(5)5.04M
Vol(50)3.35M