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Is REED compressing before expansion? NR7 shows up after declining 5.0%

Reed's, Inc. (REED) — Nightly Technical Analysis · Jul 9, 2026, 20:01 ET
REED finished lower by 5.0% on Thursday, July 9th, trading 0.2 times its typical volume. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 1.13, 1.13 & 1.12, with resistance at 1.14, 1.15 & 1.15.

Current SwingTradeBot Technical Rating of REED: F

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Reeds, Inc. (REED)