RIDGETECH INC (RDGT) Stock Technical Analysis
USA - NASDAQ:RDGT - KYG2124G1203 - Common Stock
1.32 USD
-0.03 (-1.9%)
Overall RDGT gets a technical rating of 7 out of 10. Although RDGT is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, RDGT is a bad performer in the overall market: 100% of all stocks are doing better.
RDGT is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 100% of 40 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month RDGT has a been trading in the 1.12 - 1.66 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.
RDGT 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 very little resistance above the current price.
More info and screens
1.07
1.47
We found 3 important support areas.
- Support @1.20 from a trend line in the daily time frame.
- A support zone ranging from 1.15 to 1.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.08 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.39 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.46 to 1.46. 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 RDGT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RDGT is up. |
| 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 | POSITIVE | The current price of RDGT is above 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) | 51.28 | NEUTRAL | The RSI value for RDGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RDGT has a negative trend. |
| Stochastics (14,3) | 41.88 | NEUTRAL | The Stochastics value for RDGT is a neutral value. |
| Average True Range in percent/ATR (20) | 9.21 | HIGH VOLATILITY | The high ATR as a percentage value for RDGT suggests high volalility. |
| Average Directional Index/ADX (14) | 31.27 | POSITIVE | The high ADX value value for RDGT 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)
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 |
|---|---|---|---|
| 1.40 | 1.25 | 0.15 (10.71%) | 9.33% |
| An entry @1.40. This is a Buy Stop order right above the resistance zone. | An exit @1.25. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.15 points, which is 10.71%. | When investing 9.33% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of RDGT. Please evaluate whether better entry and exit points can be found.
- 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:RDGT (9/22/2025, 9:01:32 PM)
1.32
-0.03 (-1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-1.9%
1 Week-2.23%
2 Weeks-5.04%
1 Month6.45%
3 Month21.66%
6 Month25.71%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%9.21%
ATR Inc-22.31%
Range Today0.12
ADR(20)0.11
ADR(20)%8.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.66
10 Day Low1.26
20 Day High1.66
20 Day Low1.12
52 Week HighN/A
52 Week LowN/A
CS1 End1.2
CR1 Start1.39
Volume & EV
DER(3)-1.31%
DER(5)2.75%
Volume3.70K
Volume Incr-67.53%
Vol(5)5.80K
Vol(50)46.27K