REI
Ring Energy·AMEX
--
--(--)
--
--(--)
1.14 / 10
Underperform
Technically, Ring Energy is underperforming with a score of 1.14/10. Two bearish indicators—RSI Overbought and Long Lower Shadow—are active, each historically leading to negative returns (-0.64% and -0.62% respectively). The absence of bullish signals underscores a weak near-term trend, and traders should be mindful of downside risks until a clear reversal pattern emerges.
Analysis Checks(0/2)
Long Lower Shadow
Score1/10
Win Rate36.00%
Hist. Signals25
Avg Return-0.64%
Score1/10
Win Rate36.00%
Hist. Signals25
Avg Return-0.64%
RSI Overbought
Score1.28/10
Win Rate37.50%
Hist. Signals16
Avg Return-0.62%
Score1.28/10
Win Rate37.50%
Hist. Signals16
Avg Return-0.62%
Long Lower Shadow
Score1/10
Win Rate36.00%
Hist. Signals25
Avg Return-0.64%
Score1/10
Win Rate36.00%
Hist. Signals25
Avg Return-0.64%
RSI Overbought
Score1.28/10
Win Rate37.50%
Hist. Signals16
Avg Return-0.62%
Score1.28/10
Win Rate37.50%
Hist. Signals16
Avg Return-0.62%
Technical Analysis of REI?
- REI presents a Underperform setup with a Technical Score of 1.14/10. Key technical indicators highlight an RSI of 73.97 and a MACD of 0.03, with the trend anchored by the 50-Day SMA at 0.96. Traders should monitor key support at 1.16 and resistance at 1.22.
