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'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, RDBXW is a bad performer in the overall market: 100% of all stocks are doing better.
- RDBXW 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 RDBXW is lagging the market.
- 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. Prices have been consolidating lately and the volatility has been reduced. 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.
Can you provide the trend direction for REDBOX ENTERTAINMENT -CW27?
The current trend direction for REDBOX ENTERTAINMENT -CW27 (RDBXW) is Bearish.
What is the RSI signal for REDBOX ENTERTAINMENT -CW27 (RDBXW) stock?
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 RDBXW stock?
The MACD indicator for REDBOX ENTERTAINMENT -CW27 (RDBXW) has a value of 0.00557779, indicating a bearish trend.
What is the short term momentum for REDBOX ENTERTAINMENT -CW27 (RDBXW) stock?
The short term momentum for REDBOX ENTERTAINMENT -CW27 (RDBXW) is negative.