Technical Analysis for REEMF - Rare Element Res Ltd

Grade Last Price % Change Price Change
C 1.85 -6.57% -0.1300
REEMF closed down 6.57 percent on Wednesday, October 20, 2021, on 2.39 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Down
Historical REEMF trend table...

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
New Downtrend Bearish 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Fell Below 20 DMA Bearish -6.57%
MACD Bearish Signal Line Cross Bearish -6.57%
200 DMA Support Bullish -6.57%
Older End-of-Day Signals for REEMF ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Gap Down Partially Closed about 15 hours ago
Gapped Down (Full) about 15 hours ago
Down 5% about 15 hours ago
Down 3% about 15 hours ago
Down 1% about 15 hours ago
View Earlier Intraday Alerts

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Profile

Rare Element Resources Ltd. is a publicly traded, strategic materials company focused on delivering rare earth products for technology and defense applications by advancing the Bear Lodge Critical Rare Earth Project in northeast Wyoming. Bear Lodge is a significant mineralized district containing many of the less common, more valuable, critical rare earths that are essential for high-strength permanent magnets, electronics, fiber optics, laser systems for health and defense, as well as many evolving technologies like hybrid cars, solar panels and wind turbines. In addition to the Bear Lodge Rare Earth Project, the Company controls the Sundance gold project which is located on the same property in Wyoming.
Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Chemistry Chemical Elements Electronics Laser Nature Fiber Optic Rare Earth Element Wind Turbine Solar Panel Reducing Agents Optical Fiber Wind Turbines The Sun Earth Lodge Fiber Optics Laser System Neodymium Laser Systems Lanthanides Defense Applications Erbium Sundance

Is REEMF 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 4.13
52 Week Low 0.474
Average Volume 194,720
200-Day Moving Average 1.9542
50-Day Moving Average 1.6957
20-Day Moving Average 2.1021
10-Day Moving Average 2.2825
Average True Range 0.2416
ADX 35.0
+DI 21.7166
-DI 23.0530
Chandelier Exit (Long, 3 ATRs) 2.0252
Chandelier Exit (Short, 3 ATRs) 2.3798
Upper Bollinger Bands 2.6277
Lower Bollinger Band 1.5765
Percent B (%b) 0.26
BandWidth 50.0071
MACD Line 0.1290
MACD Signal Line 0.1765
MACD Histogram -0.0475
Fundamentals Value
Market Cap 193.08 Million
Num Shares 104 Million
EPS -0.03
Price-to-Earnings (P/E) Ratio -71.15
Price-to-Sales 0.00
Price-to-Book 23.15
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.1050
Resistance 3 (R3) 2.1000 2.0100 2.0625
Resistance 2 (R2) 2.0100 1.9451 2.0125 2.0483
Resistance 1 (R1) 1.9300 1.9049 1.9700 1.9350 2.0342
Pivot Point 1.8400 1.8400 1.8600 1.8425 1.8400
Support 1 (S1) 1.7600 1.7751 1.8000 1.7650 1.6658
Support 2 (S2) 1.6700 1.7349 1.6725 1.6517
Support 3 (S3) 1.5900 1.6700 1.6375
Support 4 (S4) 1.5950