RIDGETECH INC (RDGT) Stock Technical Analysis
NASDAQ:RDGT - Nasdaq - KYG2124G1203 - Common Stock - Currency: USD
Overall RDGT gets a technical rating of 5 out of 10. In the last year, RDGT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
100% of all other stocks performed better in the past year than RDGT.
RDGT is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 95% of 41 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
In the last month RDGT has a been trading in the 0.90 - 1.20 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 only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for RDGT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.92
1.12
3 important support areas can be observed.
- Support @0.98 from a horizontal line in the weekly time frame.
- Support @0.95 from a trend line in the daily time frame.
- Support @0.93 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @1.07 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.10 to 1.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 High1.15
10 Day Low0.99
20 Day High1.2
20 Day Low0.9
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-0.48%
2 Weeks-5.48%
1 Month1.47%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
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)-0.01
RSI(14)49.21
LBB1.01
UBB1.11
NASDAQ:RDGT (5/20/2025, 8:00:01 PM)
1.035
-0.02 (-1.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-1.43%
1 Week-0.48%
2 Weeks-5.48%
1 Month1.47%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%9.47%
ATR Inc-66.87%
Range Today0.02
ADR(20)0.09
ADR(20)%8.77%
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 High1.15
10 Day Low0.99
20 Day High1.2
20 Day Low0.9
52 Week HighN/A
52 Week LowN/A
CS1 End0.98
CR1 Start1.07
Volume & EV
DER(3)16.04%
DER(5)12.05%
Volume2.30K
Volume Incr-46.81%
Vol(5)10.66K
Vol(50)60.87K