Is REE Automotive Ltd. technically bullish or bearish?
As of June 11, 2025, REE Automotive Ltd. shows a bearish trend with strong indicators of weakness across multiple time frames, including bearish MACD, moving averages, and Bollinger Bands, despite a mildly bullish KST on the monthly chart.
As of 11 June 2025, the technical trend for REE Automotive Ltd. has changed from mildly bearish to bearish. The current stance is bearish with a strong indication of weakness. The weekly MACD is bearish, and both the weekly and monthly Bollinger Bands confirm a bearish outlook. Daily moving averages also reflect a bearish trend. Dow Theory supports this bearish sentiment on both weekly and monthly time frames. The KST is bearish on the weekly chart while mildly bullish on the monthly, indicating a potential divergence. Overall, the indicators suggest a significant bearish sentiment, particularly in the short to medium term.
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