REDFIN CORP (RDFN)

US75737F1084 - Common Stock

5.62  +0.44 (+8.49%)

After market: 5.63 +0.01 (+0.18%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to RDFN. RDFN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
89% of all other stocks performed better in the past year than RDFN.
RDFN is part of the Real Estate Management & Development industry. There are 66 other stocks in this industry, of which 67% are performing better than RDFN.
RDFN 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 RDFN is lagging the market.
In the last month RDFN has a been trading in the 5.10 - 6.69 range, which is quite wide. It is currently trading near the lows of this range.
RDFN has an average volume of 5161850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
RDFN Weekly chart
RDFN Daily chart
Setup Rating and Analysis

3

The technical rating of RDFN 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.

Support and Resistance Analysis

4.96

6.13

When analyzing the support we can see 2 important areas.

  • Support @5.17 from a horizontal line in the daily time frame.
  • Support @5.01 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 5.73 to 5.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @6.07 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.51
Mansfield-4.12
10 Day High6.04
10 Day Low5.1
20 Day High6.69
20 Day Low5.1
52 Week High17.68
52 Week Low4.26
Performance
1 Week8.08%
2 Weeks-6.18%
1 Month-15.49%
3 Month-32.69%
6 Month11.95%
12 Month-24.56%
2 Year-49.6%
3 Year-92.06%
5 Year-72.82%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)45.08
LBB4.8
UBB6.43
RDFN Daily chart

REDFIN CORP

NASDAQ:RDFN (4/26/2024, 7:12:59 PM)

After market: 5.63 +0.01 (+0.18%)

5.62

+0.44 (+8.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg8.49%
1 Week8.08%
2 Weeks-6.18%
1 Month-15.49%
3 Month-32.69%
6 Month11.95%
12 Month-24.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.35
ATR(20)%6.32%
ATR Inc
Range Today0.52
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.04
10 Day Low5.1
20 Day High6.69
20 Day Low5.1
52 Week High17.68
52 Week Low4.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.94M
Volume Incr-12.49%
Vol(5)3.99M
Vol(50)5.16M