Technical Analysis for REE - REE Automotive Ltd.

Grade Last Price % Change Price Change
D 4.20 -2.10% -0.09
REE closed down 2.1 percent on Tuesday, May 7, 2024, on 33 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
Earnings due: May 23
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Up

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Crossed Above 20 DMA Bullish -2.10%
Pocket Pivot Bullish Swing Setup -2.10%
Bollinger Band Squeeze Range Contraction -2.10%
Gapped Up Strength -2.10%
20 DMA Resistance Bearish 5.79%

   Recent Intraday Alerts

Alert Time
Down 1% about 9 hours ago
Possible NR7 about 10 hours ago
Possible Inside Day about 10 hours ago
60 Minute Opening Range Breakdown about 14 hours ago
Possible Pocket Pivot 1 day ago

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Profile

REE Automotive Ltd. Description

REE is an automotive technology leader creating the cornerstone for tomorrow's zero-emission vehicles. REE’s mission is to empower global mobility companies to build any size or shape of electric or autonomous vehicle – from class 1 through class 6 – for any application and any target market. Our revolutionary, award-winning REEcorner technology packs traditional vehicle drive components (steering, braking, suspension, powertrain and control) into the arch of the wheel, allowing for the industry's flattest EV platform. Unrestricted by legacy thinking, REE is a truly horizontal player, with technology applicable to the widest range of target markets and applications. Fully scalable and completely modular, REE offers multiple customer benefits including complete vehicle design freedom, more space and volume with the smallest footprint, lower TCO, faster development times, ADAS compatibility, reduced maintenance and global safety standard compliance. Headquartered in Tel Aviv, Israel, with subsidiaries in the USA, the UK and Germany, REE has a CapEx-light manufacturing model that leverages its Tier 1 partners’ existing production lines. REE’s technology, together with its unique value proposition and commitment to excellence, positions REE to break new ground in e-Mobility.


Classification

Sector: Consumer Cyclical
Industry: Recreational Vehicles
Keywords: Electric Vehicle Sustainable Transport

Is REE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 8.43
52 Week Low 0.123
Average Volume 32,085
200-Day Moving Average 3.56
50-Day Moving Average 5.20
20-Day Moving Average 4.00
10-Day Moving Average 4.16
Average True Range 0.36
RSI (14) 45.65
ADX 28.09
+DI 19.94
-DI 24.52
Chandelier Exit (Long, 3 ATRs) 3.67
Chandelier Exit (Short, 3 ATRs) 4.53
Upper Bollinger Bands 4.46
Lower Bollinger Band 3.53
Percent B (%b) 0.72
BandWidth 23.33
MACD Line -0.26
MACD Signal Line -0.36
MACD Histogram 0.1002
Fundamentals Value
Market Cap 35.19 Million
Num Shares 8.38 Million
EPS -10.74
Price-to-Earnings (P/E) Ratio -0.39
Price-to-Sales 46.87
Price-to-Book 0.47
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.35
Resistance 3 (R3) 4.37 4.33 4.33
Resistance 2 (R2) 4.33 4.30 4.33 4.32
Resistance 1 (R1) 4.27 4.27 4.25 4.25 4.31
Pivot Point 4.23 4.23 4.23 4.23 4.23
Support 1 (S1) 4.17 4.20 4.15 4.15 4.09
Support 2 (S2) 4.13 4.17 4.13 4.08
Support 3 (S3) 4.07 4.13 4.08
Support 4 (S4) 4.05