REDBOX ENTERTAINMENT INC (RDBX) Technical Analysis
NASDAQ:RDBX • US75724T1034
Current stock price
RDBX Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to RDBX. 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.
- 100% of all other stocks performed better in the past year than RDBX.
- RDBX is one of the lesser performing stocks in the Entertainment industry. 88% of 80 stocks in the same industry do better.
- 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.
RDBX Weekly and Daily overview Charts
RDBX Setup Rating and Analysis
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
RDBX Support and Resistance Analysis
RDBX 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 | 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. |
RDBX Chart- and CandleStick Pattern Analysis
RDBX Technicals: Chart, Performance Metrics, Trend & Indicators
1.65
-1.85 (-52.86%)
REDBOX ENTERTAINMENT INC / RDBX TA FAQ
Can you provide the ChartMill technical rating for REDBOX ENTERTAINMENT INC?
ChartMill assigns a technical rating of 0 / 10 to RDBX.
What is the trend direction for RDBX stock?
The current trend direction for REDBOX ENTERTAINMENT INC (RDBX) is Bearish.
What is the RSI signal for REDBOX ENTERTAINMENT INC (RDBX) stock?
REDBOX ENTERTAINMENT INC (RDBX) has an RSI value of 33.681. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for REDBOX ENTERTAINMENT INC?
The buy/sell signal for REDBOX ENTERTAINMENT INC (RDBX) is sell as both the short term and long term trends are negative.