Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. REE Automotive Ltd shares valued at $26,929 were purchased by Tech Joshua on Mar 17 ’25. At $6.43 per share, Tech Joshua acquired 4,188 shares.
Also, Tech Joshua purchased 340 shares, netting a total of over 2,638 in proceeds.
Before that, Tech Joshua had added 69 shares to its account. In a trade valued at $558, the Officer bought REE Automotive Ltd shares for $8.08 each.
As published in their initiating research note from Alliance Global Partners on April 11, 2025, REE Automotive Ltd [REE] has been a Buy and the price target has been revised to $8.50. Analysts at ROTH MKM started covering the stock with ‘”a Buy”‘ outlook in a report released in mid May. As of December 01, 2023, Cantor Fitzgerald has decreased its “Neutral” rating to a “an Underweight” for REE. Earlier on November 17, 2022, BTIG Research downgraded its rating. Their new recommendation was “a Neutral” for REE stock which previously was a “a Buy”.
Analyzing REE Stock Performance
During the last five days, there has been a drop of approximately -67.57%. Over the course of the year, REE Automotive Ltd shares have dropped approximately -89.46%. Shares of the company reached a 52-week high of $10.24 on 01/06/25 and a 52-week low of $0.88 on 05/15/25. A 50-day SMA is recorded $3.44, while a 200-day SMA reached $6.06.
Support And Resistance Levels for REE Automotive Ltd (REE)
In the upper region, resistance lies at 1.94. The next price resistance is at 2.95. RSI (Relative Strength Index) is 24.85 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.26, which suggests the price will decrease in the coming days. Percent R is at 98.14%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
