Technical Analysis for REED - REEDS INC

Grade Last Price % Change Price Change
A 3.4100 3.02% 0.1000
REED closed up 3.02 percent on Monday, September 25, 2023, on 14 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.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Up Up

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Gapped Up Strength 0.00%
20 DMA Resistance Bearish 3.02%
Bollinger Band Squeeze Range Contraction 3.02%
NR7 Range Contraction 3.02%

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Profile

Reed's, Inc. manufactures and distributes handcrafted natural beverages in the United States and internationally. The company offers Reed's craft ginger beer; Reed's real ginger ales; Reed's ready to drink products; Virgil's handcrafted sodas; and other ginger beverages under the Reed's brand. It sells its products to natural food and gourmet retailers, grocery store chains, mass merchants, club stores, convenience and drug stores, liquor stores, industrial cafeterias, and on-premise bars and restaurants, as well as directly to consumers through www.drinkreeds.com. The company was formerly known as Original Beverage Corporation and changed its name to Reed's, Inc. in 2001. Reed's, Inc. was founded in 1987 and is based in Norwalk, Connecticut.
Classification

Sector: Consumer Goods
Industry: Beverages - Soft Drinks
Keywords: Food And Drink Liquor Store Ginger Ale

Is REED 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 4.75
52 Week Low 1.5
Average Volume 2,250
200-Day Moving Average 0.0000
50-Day Moving Average 3.1204
20-Day Moving Average 3.4032
10-Day Moving Average 3.3645
Average True Range 0.2394
RSI (14) 53.49
ADX 17.75
+DI 16.8279
-DI 23.2283
Chandelier Exit (Long, 3 ATRs) 3.0318
Chandelier Exit (Short, 3 ATRs) 3.5582
Upper Bollinger Bands 3.6113
Lower Bollinger Band 3.1951
Percent B (%b) 0.52
BandWidth 12.2297
MACD Line 0.0643
MACD Signal Line 0.0909
MACD Histogram -0.0266
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.4100
Resistance 3 (R3) 3.4100 3.4100 3.4100
Resistance 2 (R2) 3.4100 3.4100 3.4100 3.4100
Resistance 1 (R1) 3.4100 3.4100 3.4100 3.4100 3.4100
Pivot Point 3.4100 3.4100 3.4100 3.4100 3.4100
Support 1 (S1) 3.4100 3.4100 3.4100 3.4100 3.4100
Support 2 (S2) 3.4100 3.4100 3.4100 3.4100
Support 3 (S3) 3.4100 3.4100 3.4100
Support 4 (S4) 3.4100