NASDAQ:RDGT - Nasdaq - KYG2124G1203 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to RDGT. RDGT has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, RDGT does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
1.01
When analyzing the support we can see 3 important areas.
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 RDGT is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RDGT is neutral. |
ChartMill Relative Strength | 0 | NEGATIVE | RDGT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of RDGT is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RDGT is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 48.11 | NEUTRAL | The RSI value for RDGT is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RDGT has a negative trend. |
Stochastics (14,3) | 37.04 | NEUTRAL | The Stochastics value for RDGT is a neutral value. |
Average True Range in percent/ATR (20) | 13.42 | HIGH VOLATILITY | The high ATR as a percentage value for RDGT suggests high volalility. |
Average Directional Index/ADX (14) | 35.92 | POSITIVE | The high ADX value value for RDGT suggests a strong trend. |
1.19
-0.1 (-7.75%)