Tuesday May 21, 2019 Change 2.80% Price $3.67
Chart period: 2019-02-22 - 2019-05-21




Will REED stock price go up or down on Thu, 23 May 2019?


Reeds Forecast and Stock Analysis

Technical REED stock analysis for Tuesday May 21, 2019.

Buy candidate since 2019-04-29 Loss -2.13%
Shorts n/a
Insider % n/a
Institutional % n/a
Beta 0.39
ROA -71.33%
Price to book USD 22.18
P/E Ratio -8.05
Next Earnings Date 2019-08-11

Reeds gained 2.80% in the last trading day ( Tuesday, 21st May 2019 ), rising from $3.57 to $3.67 During day the stock fluctuated 5.69% from a day low at $3.51 to a day high of $3.71. The price has risen in 6 of the last 10 days and is up by 7% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 34 188 more shares were traded than the day before. In total, 98 434 shares bought and sold for approximately $361 253.00.

Quick summary:

  • 30 day high of the REED stock price was $4.05 and low was $3.36.
  • 90 day high was $4.05 and low was $2.43.
  • 52 week high for the Reeds - $4.05 and low - $1.90.


Reeds lies in the lower part of a wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $3.53 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 45.26% during the next 3 months and, with 90% probability hold a price between $5.13 and $6.22 at the end of this period.

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Only positive signals in the chart today. Reeds holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $3.74. On a fall, the stock will find some support from the long-term average at approximately $3.51. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. A buy signal was issued from a pivot bottom point on Monday May 20, 2019, which indicates further gains until a new top pivot has been found. Reeds has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.

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Relative Strength Index (RSI)

RSI14 is 46 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $2.98 and $2.95.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Reeds finds support just below today's level at $2.98. If this is broken, then the next support from accumulated volume will be at $2.95 and $2.87.

Support: $2.98 Price: $3.67 Resistance: $3.80


This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.20 (5.69%) between high and low. For the last week, the stock has had a daily average volatility of 6.35%.

Our recommended stoploss: $3.47 (-5.44%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 1 days ago.)

6.35 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

REED $3.67 ($0.10 2.80%)
REED is up $0.10 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for REED based on the 1-3 month system that more than doubles the S&P 500.

This report is free today for StockInvest.us readers.

Click here – the REED analysis is free »

Will REED stock price go up or down
on Thu, 23 May 2019?


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