REEDS INC stock forecast: up to 9.82 USD REED stock price prognosis


Forecast for Fri 17 Nov 2023 price 62.46

REEDS INC stock price forecast for further price development up to 241.99% (time horizon: 1 day) and price target of 9.82 USD. Positive news sentiment. Short-term (time horizon: 2 weeks) REEDS INC share price prediction for 2023-11-17 with daily closed price projections

Key Facts

Symbol REED 

ISIN US7583381071 

CUSIP 758338107

Currency USD

Category Bottled & Canned Soft Drinks Carbonated Waters

Forecast price change %

News sentiment (0.40)

News <--> Close correlation for next day influence (-0.04)

Finance numbers

Revenue 44,238,000.0

Earnings per share -0.17

On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

Throughout the 1990's, we continued to develop and launch new Ginger Brew varieties. The ginger ale segment grew even faster at 15.4% and is now a $1.1 billion dollar market. In the wake of COVID-19, consumers are shifting consumption to better-for-you products. 9679; Natural: Interest in all-natural products has gone mainstream. &# It is the only mass market ginger ale made with organic fresh ginger. Virgil's difference is using all-natural ingredients to craft bold, classic soda flavors. We have a long-standing relationship with two co-packers in Pennsylvania. The precise requirements imposed by these measures vary. Our policy is to comply with all such legal requirements. We employ additional people on a part-time basis as needed. 14 Risk Factors Relating to Our Business We have a history of operating losses. It has also disrupted the normal operations of many businesses, including ours. We depend in large part on distributors to distribute our beverages and other products. Some distributors handle a number of competitive products. In addition, our products are a small part of our distributors' businesses. It is hard to predict what will happen in the fuel markets in 2021. We may become party to litigation claims and legal proceedings. We could be subject to cybersecurity attacks. Additional taxes levied on us could harm our financial results. The loss of our largest customers would substantially reduce revenues. 24 The marketing efforts of our distributors are important for our success.

Summerized Form 10-K with GPT-2
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 43.40/100
    • Not in ideal financial position.
    • Historical view, profit is growing.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is under book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
EP Wealth Advisors, LLC 2022-12-31 50000
MEYER HANDELMAN CO 2022-09-30 724000
North Star Investment Management Corp. 2022-12-31 62070
Sigma Planning Corp 2022-12-31 29565
626 Financial, LLC 2022-12-31 18000

Fund ownership list is based on filling form information

Fund name Date Amount Profile
iShares Trust 2022-12-31 9428 Long
Blackstone Alternative Investment Funds 2022-12-31 -3900 Short

Insider trading for REEDS INC

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1693098 Bello John 2022-12-16 BUY Reject Reject Reject Reject

Bollinger Bollinger Bands for REEDS INC can provide the information where the market is moving based on price information.

REEDS INC Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns REEDS INC.

On-Balance Volume information for REEDS INC. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for REEDS INC. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for REEDS INC. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for REEDS INC. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for REEDS INC. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for REEDS INC. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for REEDS INC. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.

The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.

The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.

52W High 52W Low Market Cap

Similar shares

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REEDS INC on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2023-09-28 9.82 2023-09-23 06:00
2023-09-27 8.22 2023-09-23 06:00
2023-09-25 5.08 2023-09-23 06:00
2023-09-26 6.63 2023-09-23 06:00
2023-10-05 17.92 2023-09-23 06:00
2023-10-20 33.44 2023-09-23 06:00
2023-11-10 55.40 2023-09-23 06:00
2023-10-04 16.29 2023-09-23 06:00
2023-10-13 26.53 2023-09-23 06:00
2023-11-08 52.57 2023-09-23 06:00
2023-10-06 19.47 2023-09-23 06:00
2023-10-02 13.15 2023-09-23 06:00
2023-10-03 14.75 2023-09-23 06:00
2023-10-16 27.81 2023-09-23 06:00
2023-10-17 29.13 2023-09-23 06:00
2023-10-18 30.55 2023-09-23 06:00
2023-10-27 40.88 2023-09-23 06:00
2023-10-09 20.90 2023-09-23 06:00
2023-10-10 22.43 2023-09-23 06:00
2023-10-11 23.89 2023-09-23 06:00
2023-10-19 31.94 2023-09-23 06:00
2023-11-02 46.82 2023-09-23 06:00
2023-10-23 34.92 2023-09-23 06:00
2023-10-24 36.39 2023-09-23 06:00
2023-09-29 11.42 2023-09-23 06:00
2023-10-12 25.20 2023-09-23 06:00
2023-11-09 53.98 2023-09-23 06:00
2023-10-25 37.89 2023-09-23 06:00
2023-10-26 39.39 2023-09-23 06:00
2023-11-03 48.28 2023-09-23 06:00
2023-11-06 49.72 2023-09-23 06:00
2023-11-07 51.15 2023-09-23 06:00
2023-11-15 59.63 2023-09-23 06:00
2023-10-30 42.37 2023-09-23 06:00
2023-10-31 43.86 2023-09-23 06:00
2023-11-01 45.34 2023-09-23 06:00
2023-11-16 61.05 2023-09-23 06:00
2023-11-13 56.80 2023-09-23 06:00
2023-11-14 58.22 2023-09-23 06:00
2023-11-17 62.46 2023-09-23 06:00

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.