RIDGETECH INC (RDGT) Stock Technical Analysis
NASDAQ:RDGT - Nasdaq - KYG2124G1203 - Common Stock - Currency: USD
Overall RDGT gets a technical rating of 6 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. 94% of 40 stocks in the same industry do better.
Warning: RDGT has an average volume of 29894 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.
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.
More info and screens
1.01
1.31
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.29 to 1.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.10 from a trend line in the daily time frame.
- Support @1.05 from a horizontal line in the daily time frame.
- Support @1.02 from a trend line 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) | 55.59 | NEUTRAL | The RSI value for RDGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RDGT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.54 | NEUTRAL | The Stochastics value for RDGT is a neutral value. |
| Average True Range in percent/ATR (20) | 10.93 | HIGH VOLATILITY | The high ATR as a percentage value for RDGT suggests high volalility. |
| Average Directional Index/ADX (14) | 41.55 | 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)
NASDAQ:RDGT (7/25/2025, 8:21:03 PM)
1.3
-0.02 (-1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-1.52%
1 Week-4.41%
2 Weeks9.24%
1 Month18.18%
3 Month31.59%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%10.93%
ATR Inc22.98%
Range Today0.05
ADR(20)0.14
ADR(20)%10.65%
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 End1.29
CR1 StartN/A
Volume & EV
DER(3)-22.84%
DER(5)-9.22%
Volume5.80K
Volume Incr201.52%
Vol(5)108.32K
Vol(50)29.89K