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 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, REI is a bad performer in the overall market: 79% of all stocks are doing better.
REI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month REI has a been trading in the 1.27 - 1.45 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
REI has an average volume of 1782270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
REI is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 42% of 211 stocks in the same industry.
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
1.23
1.72
2 important support areas can be observed.
- Support @1.28 from a trend line in the daily time frame.
- Support @1.24 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.48 to 1.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.51 from a horizontal line in the daily time frame.
- Resistance @1.70 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
CRS21.93
Mansfield-2.63
10 Day High1.43
10 Day Low1.27
20 Day High1.45
20 Day Low1.27
52 Week High2.2
52 Week Low1.21
Performance
1 Week0%
2 Weeks2.33%
1 Month-8.33%
3 Month-17.5%
6 Month-30.16%
12 Month-4.35%
2 Year-37.14%
3 Year-58.49%
5 Year-6.38%
10 Year-86.11%
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)45.1
LBB1.26
UBB1.4
1.32
-0.09 (-6.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-6.38%
1 Week0%
2 Weeks2.33%
1 Month-8.33%
3 Month-17.5%
6 Month-30.16%
12 Month-4.35%
2 Year-37.14%
3 Year-58.49%
5 Year-6.38%
10 Year-86.11%
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%4.64%
ATR Inc45.47%
Range Today0.1
ADR(20)0.06
ADR(20)%4.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.93
Mansfield-2.63
10 Day High1.43
10 Day Low1.27
20 Day High1.45
20 Day Low1.27
52 Week High2.2
52 Week Low1.21
CS1 End1.28
CR1 Start1.48
Volume & EV
DER(3)1.84%
DER(5)0.22%
Volume1.96M
Volume Incr-6.07%
Vol(5)1.34M
Vol(50)1.78M