Aroon signal
90%
Odds of DOWN TrendPrice: $2.64
Daily change: +$0.04 (+1.54%)
Daily volume: 217.4K
Capitalization: $74.1M
For the last three days, A.I.dvisor has detected that REE's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for REE, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 236 similar cases, 214 of which were successful. Based on this data, the odds of success are 90%.