REDBOX ENTERTAINMENT -CW27 (RDBXW) Stock Technical Analysis
NASDAQ:RDBXW - Nasdaq - - Currency: USD
Overall RDBXW gets a technical rating of 0 out of 10. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
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. 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.
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
0.15
0.29
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.
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. |
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)
0.152
-0.09 (-36.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-36.93%
1 Week-36.67%
2 Weeks-60.05%
1 Month-56.96%
3 Month21.12%
6 Month-49.37%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%62.83%
ATR Inc-24.67%
Range Today0.07
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 High0.45
10 Day Low0.13
20 Day High0.55
20 Day Low0.13
52 Week High4.8
52 Week Low0.07
CS1 EndN/A
CR1 Start0.25
Volume & EV
DER(3)-5.87%
DER(5)1.18%
Volume3.65M
Volume Incr31.27%
Vol(5)1.87M
Vol(50)2.11M