Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
THE WOODLANDS, Texas, March 25, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced its participation in an investor event hosted by Water Tower Research (“WTR”) on March 26, 2024 at 2:00 PM Eastern. As part of WTR’s ongoing Fireside Chat Series, Jeff Robertson, Managing Director at WTR, will lead an in-depth conversation with Paul McKinney, Ring’s Chairman and Chief Executive Officer. Included in the discussion will be a variety of important
The Nasdaq recently slid below 16,000 points again after reaching a fresh high. This pullback was largely due to the hotter-than-expected inflation report, which points to the Federal Reserve maintaining high interest rates for a few more months, possibly even beyond Q2 if inflation persists. Elevated rates and bearish sentiment spell trouble for growth stocks broadly. However, for investors targeting under-the-radar growth names, the Fed’s prolonged hawkishness may not matter much. Many busines
Crude oil recently hit a four-month high, with the International Energy Agency expecting a supply deficit through 2024. That view is based on the premise that OPEC maintains production cuts. However, this is not the only catalyst for crude oil. There will likely be multiple rate cuts in the next 12 to 18 months. Expansionary monetary policy is likely to support GDP growth, and as the global economy gains momentum, crude is expected to trend higher. I am, therefore, bullish on oil stocks, and the
Two weeks ago, I wrote how Bitcoin’s (BTC-USD) sudden surge was a positive sign for other risky bets. Bitcoin prices are solely determined by what others will pay, and so rising prices is a clear sign of investor bullishness (i.e., greed). That’s why the five recommended stocks and cryptos from that issue have done so well. On average, these one-month momentum plays have seen prices rise by 17% since March 4. Plug Power (NASDAQ:PLUG): -13% SoundHound AI (NASDAQ:SOUN): +52% Nvidia (NASDAQ:NVDA):
It was in June 2022 when crude oil traded above $120 per barrel. However, with contractionary monetary policies and subsequent macroeconomic headwinds, oil has been in a correction mode. Amidst the volatility, black gold has remained sideways in the last 12 months. I believe a breakout is imminent after this phase of consolidation. So, it might be a good time to consider some undervalued oil stocks. It’s worth noting that multiple rate cuts might be in the cards over the next 12 months. With exp
Penny stocks can be massive wealth creators in quick time. Of course, there is an ocean of penny stocks and investors need to be selective. There are dozens of speculative ideas that are likely to trend lower and destroy capital. It’s usually a challenge to screen fundamentally strong stocks under $5. However, it’s not impossible, and there are several ideas that are worth considering. Following are three stocks under $5 that have the potential to triple or quadruple in the next 12 to 18 months.
THE WOODLANDS, Texas, March 12, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced that the Company is scheduled to participate in the 36th Annual Roth Conference to be held in Dana Point, California from March 17-19, 2024. Paul McKinney, Chairman and Chief Executive Officer, Alex Dyes, Executive Vice President of Engineering and Corporate Strategy, and Travis Thomas, Executive Vice President and Chief Financial Officer will participate in t
Ring Energy, Inc. (AMEX:REI) Q4 2023 Earnings Call Transcript March 8, 2024 Ring Energy, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, and welcome to the Ring Energy Fourth Quarter and Full Year 2023 Earnings Conference Call. […]
Q4 2023 Ring Energy Inc Earnings Call
Robust Performance Driven by Increased Sales Volumes and Cost Efficiency