REDDIT INC-CL A (1RDDT.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:1RDDT - US75734B1008 - Common Stock
Taking everything into account, 1RDDT scores 5 out of 10 in our technical rating. In the last year, 1RDDT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
1RDDT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 203.24. Right above this resistance zone may be a good entry point.
More info and screens
167.16
We found 1 important support area.
- Support @168.85 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 203.24 to 208.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for 1RDDT.MI is up. |
| 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 | MIXED | The current price of 1RDDT.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 1RDDT.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 55.69 | NEUTRAL | The RSI value for 1RDDT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.42 | NEGATIVE | The MACD value suggests 1RDDT.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.72 | NEUTRAL | The Stochastics value for 1RDDT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.17 | HIGH VOLATILITY | The high ATR as a percentage value for 1RDDT.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 20.79 | NEUTRAL | The ADX value for 1RDDT.MI suggests a possible start of a new trend. |
BIT:1RDDT (12/17/2025, 7:00:00 PM)
199
+4 (+2.05%)
REDDIT INC-CL A / 1RDDT.MI FAQ
What is the ChartMill technical rating of REDDIT INC-CL A (1RDDT.MI) stock?
ChartMill assigns a technical rating of 5 / 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 Bullish.
Can you provide the RSI signal for REDDIT INC-CL A?
REDDIT INC-CL A (1RDDT.MI) has an RSI value of 55.6885. This indicates that the stock is currently neutral.
What is the MACD signal for REDDIT INC-CL A (1RDDT.MI) stock?
The MACD indicator for REDDIT INC-CL A (1RDDT.MI) has a value of -1.41677, indicating a bearish trend.
What is the short term momentum for REDDIT INC-CL A (1RDDT.MI) stock?
The short term momentum for REDDIT INC-CL A (1RDDT.MI) is positive.