RING ENERGY INC (REI)
US76680V1089 - Common Stock
Taking everything into account, REI scores 0 out of 10 in our technical rating. 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.
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: 85% of all stocks are doing better.
REI is part of the Oil, Gas & Consumable Fuels industry. There are 204 other stocks in this industry, of which 69% are performing better than REI.
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 1.44 - 1.77 range, which is quite wide. It is currently trading near the lows of this range.
REI has an average volume of 2036510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, REI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.46, a Stop Loss order could be placed below this zone.
More info and screens
1.44
1.84
We found 1 important support area.
- A support zone ranging from 1.45 to 1.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.72 to 1.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.77 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.82 to 1.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.84
Mansfield-1.84
10 Day High1.77
10 Day Low1.44
20 Day High1.77
20 Day Low1.44
52 Week High2.2
52 Week Low1.25
Performance
1 Week-11.49%
2 Weeks4.05%
1 Month-1.28%
3 Month-17.2%
6 Month-17.2%
12 Month-10.47%
2 Year-42.96%
3 Year-33.33%
5 Year-19.79%
10 Year-83.89%
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)47.79
LBB1.4
UBB1.68
RING ENERGY INC
NYSEARCA:REI (11/14/2024, 6:40:01 PM)
After market: 1.5 -0.04 (-2.6%)1.54
+0.02 (+1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.32%
1 Week-11.49%
2 Weeks4.05%
1 Month-1.28%
3 Month-17.2%
6 Month-17.2%
12 Month-10.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%5.39%
ATR Inc
Range Today0.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.77
10 Day Low1.44
20 Day High1.77
20 Day Low1.44
52 Week High2.2
52 Week Low1.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.06M
Volume Incr4.21%
Vol(5)2.02M
Vol(50)2.04M