REDBOX ENTERTAINMENT INC (RDBX) Stock Technical Analysis
NASDAQ:RDBX - Nasdaq - US75724T1034 - Common Stock - Currency: USD
Taking everything into account, RDBX scores 0 out of 10 in our technical rating. RDBX'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, RDBX is a bad performer in the overall market: 100% of all stocks are doing better.
RDBX is part of the Entertainment industry. There are 72 other stocks in this industry, of which 91% are performing better than RDBX.
RDBX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RDBX is lagging the market.
In the last month RDBX has a been trading in the 1.65 - 6.58 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.
RDBX has an average volume of 15685100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of RDBX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.63
1.67
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 | DOWN | NEGATIVE | The long term trend for RDBX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RDBX is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | RDBX 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 RDBX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RDBX is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 33.68 | NEUTRAL | The RSI value for RDBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests RDBX has a negative trend. |
| Stochastics (14,3) | 18.1 | OVERSOLD | The low Stochastics value suggests RDBX may be oversold. |
| Average True Range in percent/ATR (20) | 60.07 | HIGH VOLATILITY | The high ATR as a percentage value for RDBX suggests high volalility. |
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)
1.65
-1.85 (-52.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-52.86%
1 Week-59.26%
2 Weeks-69.89%
1 Month-67.07%
3 Month-38.43%
6 Month-23.61%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.2
ATR(20)%60.07%
ATR Inc21.42%
Range Today1.12
ADR(20)N/A
ADR(20)%N/A
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 High5.8
10 Day Low1.65
20 Day High6.58
20 Day Low1.65
52 Week High27.22
52 Week Low1.61
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-8.48%
DER(5)-3.24%
Volume46.36M
Volume Incr38.47%
Vol(5)15.36M
Vol(50)15.69M