REDDIT INC-CL A (RDDT) Stock Technical Analysis
NYSE:RDDT - US75734B1008 - Common Stock
218.42 USD
-6.66 (-2.96%)
Taking everything into account, RDDT scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RDDT is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that RDDT is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by RDDT over the past year are nicely spread over this period.
RDDT is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 97% of 69 stocks in the same industry.
RDDT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RDDT is lagging the market slightly.
RDDT has an average volume of 7407010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month RDDT has a been trading in the 188.98 - 253.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
RDDT has an excellent technical rating, but the quality of the setup is only medium 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
167.66
220.60
2 important support areas can be observed.
- Support @211.09 from a horizontal line in the daily time frame.
- Support @169.35 from a trend 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 | UP | POSITIVE | The long term trend for RDDT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RDDT is up. |
| ChartMill Relative Strength | 98.49 | POSITIVE | RDDT has a high relative strength, it outperformed 98.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RDDT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RDDT is above 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) | 63.22 | NEUTRAL | The RSI value for RDDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.37 | NEGATIVE | The MACD value suggests RDDT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.82 | NEUTRAL | The Stochastics value for RDDT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.79 | HIGH VOLATILITY | The high ATR as a percentage value for RDDT suggests high volalility. |
| Average Directional Index/ADX (14) | 36.37 | POSITIVE | The high ADX value value for RDDT suggests a strong trend. |
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)
NYSE:RDDT (9/2/2025, 9:42:05 AM)
218.42
-6.66 (-2.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-2.96%
1 Week3.58%
2 Weeks-8.69%
1 Month19.32%
3 Month100.34%
6 Month39.13%
12 Month274.95%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)13.19
ATR(20)%5.79%
ATR Inc-8.11%
Range Today5.63
ADR(20)12.62
ADR(20)%5.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.49
Mansfield5.01
10 Day High253.14
10 Day Low205.37
20 Day High253.14
20 Day Low188.98
52 Week High253.14
52 Week Low55.25
CS1 End211.09
CR1 StartN/A
Volume & EV
DER(3)0.28%
DER(5)0.42%
Volume620.02K
Volume Incr-46.93%
Vol(5)4.77M
Vol(50)7.41M