American Rebel Holdings Inc [NASDAQ: AREB] gained 8.84% or 0.13 points to close at $1.60 with a heavy trading volume of 14619046 shares.
The daily chart for AREB points out that the company has recorded -96.89% loss over the past six months.
If we look at the average trading volume of 8.17M shares, AREB reached to a volume of 14619046 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about American Rebel Holdings Inc [AREB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AREB shares is $450.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AREB stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for American Rebel Holdings Inc is set at 0.70, with the Price to Sales ratio for AREB stock in the period of the last 12 months amounting to 1.06.
Trading performance analysis for AREB stock
American Rebel Holdings Inc [AREB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.57. With this latest performance, AREB shares dropped by -47.54% in over the last four-week period, additionally sinking by -96.89% over the last 6 months – not to mention a drop of -97.90% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AREB stock in for the last two-week period is set at 37.10, with the RSI for the last a single of trading hit 31.90, and the three-weeks RSI is set at 38.56 for American Rebel Holdings Inc [AREB]. The present Moving Average for the last 50 days of trading for this stock 3.8489, while it was recorded at 1.5500 for the last single week of trading, and 46.6313 for the last 200 days.
American Rebel Holdings Inc [AREB]: A deeper dive into fundamental analysis
American Rebel Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.13 and a Current Ratio set at 0.40.
