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RIDGETECH INC (RDGT) Stock Technical Analysis

NASDAQ:RDGT - Nasdaq - KYG2124G1203 - Common Stock - Currency: USD

1.33  -0.12 (-8.28%)

Technical Rating and Analysis

6

We assign a technical rating of 6 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.

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. 94% of 40 stocks in the same industry do better.
Warning: RDGT has an average volume of 26535 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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 1.04 - 1.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
RIDGETECH INC / RDGT Weekly stock chart
RIDGETECH INC / RDGT Daily stock chart
Setup Rating and Analysis

5

RDGT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

Support and Resistance Analysis

1.00

1.34

We found 3 important support areas.

  • A support zone ranging from 1.08 to 1.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.05 from a horizontal line in the daily time frame.
  • Support @1.01 from a trend line in the daily time frame.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for RDGT is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for RDGT is up.
ChartMill Relative Strength0NEGATIVERDGT has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of RDGT is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of RDGT is above the rising SMA(50).
Relative Strength Index/RSI (14)57.66NEUTRALThe RSI value for RDGT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.02POSITIVEThe MACD value suggests RDGT has a positive trend, although the MACD value is declining.
Stochastics (14,3)60.56NEUTRALThe Stochastics value for RDGT is a neutral value.
Average True Range in percent/ATR (20)9.67HIGH VOLATILITYThe high ATR as a percentage value for RDGT suggests high volalility.
Average Directional Index/ADX (14)45.68POSITIVEThe high ADX value value for RDGT suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
RIDGETECH INC / RDGT Daily stock chart

RIDGETECH INC

NASDAQ:RDGT (7/23/2025, 4:00:38 PM)

1.33

-0.12 (-8.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-8.28%
1 Week-4.66%
2 Weeks22.02%
1 Month23.15%
3 Month34.63%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%9.67%
ATR Inc34.09%
Range Today0.15
ADR(20)0.12
ADR(20)%9.36%
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 High1.6
10 Day Low1.06
20 Day High1.6
20 Day Low1.04
52 Week HighN/A
52 Week LowN/A
CS1 End1.09
CR1 StartN/A
Volume & EV
DER(3)-3.73%
DER(5)-6.48%
Volume18.55K
Volume Incr747.17%
Vol(5)148.89K
Vol(50)26.54K