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Ring Energy, Inc.

REI Technical Analysis Summary (AMEX)

Analyze REI on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

REI●AMEX
EnergyOil & Gas Exploration & Production
$1.42
$0.01(1.07%)
U.S. Market opens in 2h 35m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

REI Technical Analysis Summary (AMEX)

Ring Energy, Inc. (AMEX: REI) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 55.52)
Trend Strength:Weak (ADX: 14.64)
Volatility:Medium (ATR: 0.06)
Support/Resistance:$1.28 – $1.43 (Bollinger Bands)

Technical conditions suggest Ring Energy, Inc. on the AMEX is awaiting a decisive move. Technical conditions suggest Ring Energy, Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 55.52

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 76.97

Bullish
Buying momentum building without extremes.

Williams %R: -17.50

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 8.02

Strongly Bullish
Strong upside momentum.

Takeaway:Ring Energy, Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 14.64

Weak
Weak trend, market trading sideways.

ATR (14): 0.06

Low
Low volatility, stable price action.

CCI (14): 83.58

Bullish
Bullish, momentum building upward.

Takeaway:Ring Energy, Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.43
Middle Band (SMA 20)
$1.36
Lower Band
$1.28
Current Position
Within Bands

Takeaway:Ring Energy, Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$1.50
Middle Line (EMA 20)
$1.38
Lower Channel
$1.25
Squeeze Status
Squeeze On

Takeaway:Ring Energy, Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume16.67M
Money Flow Index53.35Neutral, balanced money flows with no clear signal.
Relative Vigor Index51.81Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:REI shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Ring Energy, Inc. (AMEX: REI), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Technical indicators for Ring Energy, Inc. are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: REI) Technical Analysis FAQ