REDFIN CORP (RDFN) Stock Technical Analysis
NASDAQ:RDFN - Nasdaq - US75737F1084 - Common Stock - Currency: USD
Taking everything into account, RDFN scores 9 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, RDFN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
RDFN is part of the Real Estate Management & Development industry. There are 64 other stocks in this industry. RDFN outperforms 93% of them.
RDFN has an average volume of 6765790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that RDFN is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
RDFN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RDFN is lagging the market slightly.
In the last month RDFN has a been trading in the 9.41 - 11.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RDFN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.37, a Stop Loss order could be placed below this zone.
More info and screens
5.96
11.57
When analyzing the support we can see 4 important areas.
- A support zone ranging from 10.34 to 10.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.55 to 9.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.37 from a trend line in the daily time frame.
- Support @6.02 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @11.05 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 11.23 to 11.46. This zone is formed by a combination of multiple trend lines 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 RDFN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RDFN is up. |
| ChartMill Relative Strength | 92.2 | POSITIVE | RDFN has a high relative strength, it outperformed 92.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RDFN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RDFN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RDFN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.01 | NEUTRAL | The RSI value for RDFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests RDFN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.58 | OVERBOUGHT | The high Stochastics value suggests RDFN may be overbought. |
| Average True Range in percent/ATR (20) | 4.31 | MEDIUM VOLATILITY | The ATR as a percentage value for RDFN suggests some volalility. |
| Average Directional Index/ADX (14) | 24.94 | NEUTRAL | The ADX value for RDFN suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.06 | 10.33 | 0.73 (6.60%) | 15.15% |
| An entry @11.06. This is a Buy Stop order right above the resistance zone. | An exit @10.33. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.73 points, which is 6.60%. | When investing 15.15% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:RDFN (6/17/2025, 2:58:53 PM)
10.37
-0.41 (-3.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-3.8%
1 Week7.8%
2 Weeks10%
1 Month4.15%
3 Month-2.36%
6 Month26.53%
12 Month78.77%
2 Year-13.2%
3 Year30.83%
5 Year-74.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%4.31%
ATR Inc-5.05%
Range Today0.44
ADR(20)0.44
ADR(20)%4.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.2
Mansfield1.17
10 Day High11.12
10 Day Low9.66
20 Day High11.12
20 Day Low9.41
52 Week High15.29
52 Week Low5.49
CS1 End10.37
CR1 Start11.05
Volume & EV
DER(3)-2.53%
DER(5)-1.09%
Volume3.02M
Volume Incr-19.07%
Vol(5)5.78M
Vol(50)6.77M