REED'S INC (REED) Stock Technical Analysis
NASDAQ:REED - Nasdaq - US7583383051 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to REED. REED scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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 one of the lesser performing stocks in the Beverages industry. 87% of 32 stocks in the same industry do better.
REED is currently making a new 52 week low. This is a very bad signal. REED is lagging the S&P500 Index which is trading in the middle of its 52 week range.
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.
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.
More info and screens
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.
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
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 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%17.1%
ATR Inc9.41%
Range Today1.04
ADR(20)N/A
ADR(20)%N/A
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
CS1 EndN/A
CR1 Start3.66
Volume & EV
DER(3)7.66%
DER(5)1.28%
Volume201.10K
Volume Incr-91.99%
Vol(5)60.14K
Vol(50)1.87M