REDDIT INC-CL A (1RDDT.MI) Stock Technical Analysis
BIT:1RDDT - Euronext Milan - US75734B1008 - Common Stock - Currency: EUR
We assign a technical rating of 1 out of 10 to 1RDDT. 1RDDT performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
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. 86% of 24 stocks in the same industry do better.
In the last month 1RDDT has a been trading in the 82.36 - 223.95 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
The technical rating of 1RDDT is bad and it also does not present a quality setup 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
91.08
92.92
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 | UP | POSITIVE | The long term trend for 1RDDT.MI is up. |
| 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). |
| Relative Strength Index/RSI (14) | 29.27 | OVERSOLD | The low RSI value suggests 1RDDT.MI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -13.96 | NEGATIVE | The MACD value suggests 1RDDT.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.34 | OVERSOLD | The low Stochastics value suggests 1RDDT.MI may be oversold. |
| Average True Range in percent/ATR (20) | 15.88 | HIGH VOLATILITY | The high ATR as a percentage value for 1RDDT.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 39.84 | POSITIVE | The high ADX value value for 1RDDT.MI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:1RDDT (5/28/2025, 7:00:00 PM)
92
+6 (+6.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg6.98%
1 Week10.86%
2 Weeks-48.7%
1 Month-53.27%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)15.27
ATR(20)%15.88%
ATR Inc-46.7%
Range Today2
ADR(20)9.6
ADR(20)%10.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High182.04
10 Day Low82.36
20 Day High223.95
20 Day Low82.36
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume261
Volume Incr4.63%
Vol(5)420.4
Vol(50)N/A