REDDIT INC-CL A (RDDT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RDDT - US75734B1008 - Common Stock
Overall RDDT gets a technical rating of 1 out of 10. RDDT'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.
- 75% of all other stocks performed better in the past year than RDDT.
- In the last month RDDT has a been trading in the 189.53 - 263.50 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.
- RDDT has an average volume of 4170580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- RDDT is part of the Interactive Media & Services industry. There are 70 other stocks in this industry, RDDT did better than 65% of them.
- RDDT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RDDT is lagging the market.
The technical rating of RDDT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
128.61
2 important support areas can be observed.
- A support zone ranging from 181.87 to 183.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @129.91 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 218.41 to 219.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @240.82 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for RDDT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RDDT is down. |
| ChartMill Relative Strength | 25.72 | NEGATIVE | RDDT has a low relative strength, it was outperformed by 74.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RDDT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RDDT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RDDT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.71 | NEUTRAL | The RSI value for RDDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.97 | NEGATIVE | The MACD value suggests RDDT has a negative trend. |
| Stochastics (14,3) | 6.25 | OVERSOLD | The low Stochastics value suggests RDDT may be oversold. |
| Average True Range in percent/ATR (20) | 7.04 | HIGH VOLATILITY | The high ATR as a percentage value for RDDT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.24 | NEUTRAL | The ADX value for RDDT suggests a possible start of a new trend. |
NYSE:RDDT (1/29/2026, 3:50:00 PM)
188.975
-4.16 (-2.16%)
REDDIT INC-CL A / RDDT FAQ
What is the ChartMill technical rating of REDDIT INC-CL A (RDDT) stock?
ChartMill assigns a technical rating of 1 / 10 to RDDT.
Can you provide the trend direction for REDDIT INC-CL A?
The current trend direction for REDDIT INC-CL A (RDDT) is Bearish.
What is the RSI signal for REDDIT INC-CL A (RDDT) stock?
REDDIT INC-CL A (RDDT) has an RSI value of 32.7111. This indicates that the stock is currently neutral.
What is the short term momentum for REDDIT INC-CL A (RDDT) stock?
The short term momentum for REDDIT INC-CL A (RDDT) is negative.
What are the support and resistance levels for REDDIT INC-CL A (RDDT) stock?
REDDIT INC-CL A (RDDT) has a support level at 183.47 and a resistance level at 218.41. Check the full technical report for our detailed analysis of RDDT support and resistance levels.