REDBOX ENTERTAINMENT -CW27 (RDBXW) Technical Analysis
NASDAQ:RDBXW
Current stock price
RDBXW Technical Rating and Analysis
Taking everything into account, RDBXW scores 0 out of 10 in our technical rating. RDBXW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than RDBXW.
- RDBXW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month RDBXW has a been trading in the 0.13 - 0.55 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.
- RDBXW has an average volume of 2112860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RDBXW Weekly and Daily overview Charts
RDBXW Setup Rating and Analysis
Although the technical rating is bad, RDBXW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
RDBXW Support and Resistance Analysis
0.15
When analyzing the resistance we notice 2 important areas.
- Resistance @0.25 from a trend line in the daily time frame.
- Resistance @0.29 from a horizontal line in the daily time frame.
RDBXW 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 RDBXW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RDBXW is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | RDBXW 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 RDBXW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RDBXW is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 38.82 | NEUTRAL | The RSI value for RDBXW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RDBXW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 16.81 | OVERSOLD | The low Stochastics value suggests RDBXW may be oversold. |
| Average True Range in percent/ATR (20) | 62.83 | HIGH VOLATILITY | The high ATR as a percentage value for RDBXW suggests high volalility. |
RDBXW Chart- and CandleStick Pattern Analysis
RDBXW Technicals: Chart, Performance Metrics, Trend & Indicators
0.152
-0.09 (-36.93%)
REDBOX ENTERTAINMENT -CW27 / RDBXW TA FAQ
Can you provide the ChartMill technical rating for REDBOX ENTERTAINMENT -CW27?
ChartMill assigns a technical rating of 0 / 10 to RDBXW.
What is the current trend direction of REDBOX ENTERTAINMENT -CW27 (RDBXW) stock?
The current trend direction for REDBOX ENTERTAINMENT -CW27 (RDBXW) is Bearish.
Can you provide the RSI signal for REDBOX ENTERTAINMENT -CW27?
REDBOX ENTERTAINMENT -CW27 (RDBXW) has an RSI value of 38.8183. This indicates that the stock is currently neutral.
What is the MACD signal for REDBOX ENTERTAINMENT -CW27 (RDBXW) stock?
The MACD indicator for REDBOX ENTERTAINMENT -CW27 (RDBXW) has a value of 0.00557779, indicating a bearish trend.
Can you provide the support and resistance levels for REDBOX ENTERTAINMENT -CW27?
REDBOX ENTERTAINMENT -CW27 (RDBXW) has a resistance level at 0.25. Check the full technical report for our detailed analysis of RDBXW support and resistance levels.