REE AUTOMOTIVE LTD - CLASS A (REE) Stock Technical Analysis
NASDAQ:REE - Nasdaq - IL0011786154 - Common Stock - Currency: USD
Overall REE gets a technical rating of 3 out of 10. REE was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
REE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
REE is part of the Automobile Components industry. There are 83 other stocks in this industry. REE outperforms 82% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that REE is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
REE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so REE is lagging the market.
Considerably lower volume is observed in the last couple of days.
REE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 7.75, a Stop Loss order could be placed below this zone.
More info and screens
7.67
10.75
We found 1 important support area.
- A support zone ranging from 7.75 to 7.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 7.92 to 8.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.27 to 8.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.57 from a trend line in the daily time frame.
- Resistance @10.64 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
CRS80.71
Mansfield2.19
10 Day High8.39
10 Day Low7.62
20 Day High9.92
20 Day Low7.62
52 Week High11.72
52 Week Low2.91
Performance
1 Week-0.39%
2 Weeks-4.67%
1 Month-17.88%
3 Month6.37%
6 Month113.48%
12 Month20.31%
2 Year-39.85%
3 Year-90.09%
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)41.28
LBB7.59
UBB8.45
NASDAQ:REE (2/21/2025, 8:00:01 PM)
7.76
-0.09 (-1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-1.15%
1 Week-0.39%
2 Weeks-4.67%
1 Month-17.88%
3 Month6.37%
6 Month113.48%
12 Month20.31%
2 Year-39.85%
3 Year-90.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%6.23%
ATR Inc-4.5%
Range Today0.46
ADR(20)0.47
ADR(20)%6.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.71
Mansfield2.19
10 Day High8.39
10 Day Low7.62
20 Day High9.92
20 Day Low7.62
52 Week High11.72
52 Week Low2.91
CS1 End7.75
CR1 Start7.92
Volume & EV
DER(3)-14.88%
DER(5)-7.13%
Volume26.60K
Volume Incr-37.28%
Vol(5)20.26K
Vol(50)70.74K