RING ENERGY INC.

- USD (-)

- 15 min delayed data - NYSE MKT Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	REI
ISIN:

RING ENERGY INC. - 1H - Technical analysis published on 02/26/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

50%

28%

My opinion

Bearish under 1.30 USD

My targets

1.25 USD (-1.03%)

1.17 USD (-6.90%)

My analysis

The bearish trend is currently very strong for RING ENERGY INC.. As long as the price remains below the resistance at 1.30 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.25 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.17 USD as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

6.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The RING ENERGY INC. price is 1.26 USD. The price registered a decrease of -0.79% on the session and was between 1.26 USD and 1.32 USD. This implies that the price is at 0% from its lowest and at -4.55% from its highest.

1.26

1.32

1.26

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this RING ENERGY INC. chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 4 are bullish, 5 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	1.26	1.26	1.30	1.35	1.42
Change (%)	0%	-	+3.17%	+7.14%	+12.70%
Change	0	-	+0.04	+0.09	+0.16
Level	Major	-	Major	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.18	1.22	1.25	1.29	1.32	1.36	1.39
Camarilla	1.25	1.26	1.26	1.27	1.28	1.28	1.29
Woodie	1.17	1.22	1.24	1.29	1.31	1.36	1.38
Fibonacci	1.22	1.25	1.27	1.29	1.32	1.34	1.36

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.17	1.25	1.28	1.36	1.39	1.47	1.50
Camarilla	1.29	1.30	1.31	1.32	1.33	1.34	1.35
Woodie	1.16	1.24	1.27	1.35	1.38	1.46	1.49
Fibonacci	1.25	1.29	1.32	1.36	1.40	1.43	1.47

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.97	1.13	1.22	1.38	1.47	1.63	1.72
Camarilla	1.23	1.25	1.28	1.30	1.32	1.35	1.37
Woodie	0.93	1.11	1.18	1.36	1.43	1.61	1.68
Fibonacci	1.13	1.23	1.29	1.38	1.48	1.54	1.63

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	37.65
MACD (12,26,9):	-0.0200
Directional Movement:	-9.17
AROON (14):	-57.14
DEMA (21):	1.28
Parabolic SAR (0,02-0,02-0,2):	1.32
Elder Ray (13):	-0.02
Super Trend (3,10):	1.34
Zig ZAG (10):	1.28
VORTEX (21):	0.9000
Stochastique (14,3,5):	13.39
TEMA (21):	1.27
Williams %R (14):	-85.71
Chande Momentum Oscillator (20):	-0.03
Repulse (5,40,3):	-2.1300
ROCnROLL:	2
TRIX (15,9):	-0.2100
Courbe Coppock:	6.62

MA7:	1.34
MA20:	1.33
MA50:	1.36
MA100:	1.45
MAexp7:	1.28
MAexp20:	1.31
MAexp50:	1.33
MAexp100:	1.34
Price / MA7:	-5.97%
Price / MA20:	-5.26%
Price / MA50:	-7.35%
Price / MA100:	-13.10%
Price / MAexp7:	-1.56%
Price / MAexp20:	-3.82%
Price / MAexp50:	-5.26%
Price / MAexp100:	-5.97%

Quotes : - 15 min delayed data - NYSE MKT Stocks

News

The latest news and videos published on RING ENERGY INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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