REDDIT INC-CL A (1RDDT.MI) Technical Analysis
BIT:1RDDT • US75734B1008
Current stock price
1RDDT.MI Technical Rating and Analysis
Taking everything into account, 1RDDT scores 1 out of 10 in our technical rating. 1RDDT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, 1RDDT is a bad performer in the overall market: 100% of all stocks are doing better.
- 1RDDT is one of the lesser performing stocks in the Interactive Media & Services industry. 76% of 22 stocks in the same industry do better.
- In the last month 1RDDT has a been trading in the 118.00 - 240.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: 1RDDT has an average volume of 298 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Considerably lower volume is observed in the last couple of days.
1RDDT.MI Weekly and Daily overview Charts
1RDDT.MI Setup Rating and Analysis
1RDDT has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1RDDT.MI Support and Resistance Analysis
117.80
2 important support areas can be observed.
- A support zone ranging from 121.25 to 122.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @118.99 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @202.04 from a trend line in the weekly time frame.
- Resistance @206.77 from a trend line in the daily time frame.
1RDDT.MI Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for 1RDDT.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 1RDDT.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | 1RDDT.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 1RDDT.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of 1RDDT.MI is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 41.53 | NEUTRAL | The RSI value for 1RDDT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -8.03 | NEGATIVE | The MACD value suggests 1RDDT.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.95 | OVERSOLD | The low Stochastics value suggests 1RDDT.MI may be oversold. |
| Average True Range in percent/ATR (20) | 14.93 | HIGH VOLATILITY | The high ATR as a percentage value for 1RDDT.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 19.6 | NEGATIVE | The low ADX value for 1RDDT.MI suggests a weak or negative trend. |
1RDDT.MI Chart- and CandleStick Pattern Analysis
1RDDT.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:1RDDT (4/28/2026, 7:00:00 PM)
126
-5 (-3.82%)
REDDIT INC-CL A / 1RDDT.MI TA FAQ
What is the ChartMill technical rating of REDDIT INC-CL A (1RDDT.MI) stock?
ChartMill assigns a technical rating of 1 / 10 to 1RDDT.MI.
Can you provide the trend direction for REDDIT INC-CL A?
The current trend direction for REDDIT INC-CL A (1RDDT.MI) is Bearish.
What is the RSI signal for 1RDDT stock?
REDDIT INC-CL A (1RDDT.MI) has an RSI value of 41.5251. This indicates that the stock is currently neutral.
Can you provide the MACD signal for REDDIT INC-CL A?
The MACD indicator for REDDIT INC-CL A (1RDDT.MI) has a value of -8.0339, indicating a bearish trend.
Can you provide the support and resistance levels for REDDIT INC-CL A?
REDDIT INC-CL A (1RDDT.MI) has a support level at 122.99 and a resistance level at 202.04. Check the full technical report for our detailed analysis of 1RDDT.MI support and resistance levels.