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REI forms NR7 on June 18

SwingTradeBot Nightly Stock Scan: Ring Energy, Inc. (REI) — Technical Patterns & Alerts · Jun 18, 2026, 20:06 ET
On Thursday, June 18th, REI moved down 0.87% while volume was to 0.8× the usual levels. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 1.12, 1.1 & 1.09, with resistance at 1.16, 1.17 & 1.19. Technical indicators like Slow Stochastic reveal oversold momentum right now.

Current SwingTradeBot Technical Rating of REI: F

Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.

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Ring Energy, Inc. (REI)