RIDGETECH INC (RDGT) Technical Analysis
NASDAQ:RDGT • KYG2124G1203
Current stock price
1.39 USD
+0.01 (+0.72%)
At close:
1.33 USD
-0.06 (-4.32%)
After Hours:
RDGT Technical Rating and Analysis
Overall RDGT gets a technical rating of 0 out of 10. RDGT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 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 part of the Consumer Staples Distribution & Retail industry. There are 38 other stocks in this industry, of which 94% are performing better than RDGT.
- RDGT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month RDGT has a been trading in the 1.23 - 7.88 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- RDGT has an average volume of 59386300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
RDGT Weekly and Daily overview Charts
RDGT Setup Rating and Analysis
The technical rating of RDGT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
RDGT Support and Resistance Analysis
RDGT 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for RDGT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RDGT is down. |
| ChartMill Relative Strength | 0.04 | NEGATIVE | RDGT has a low relative strength, it was outperformed by 99.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RDGT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RDGT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RDGT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.66 | NEUTRAL | The RSI value for RDGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 9.98 | POSITIVE | The MACD value suggests RDGT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 9.36 | OVERSOLD | The low Stochastics value suggests RDGT may be oversold. |
| Average True Range in percent/ATR (20) | 45.17 | HIGH VOLATILITY | The high ATR as a percentage value for RDGT suggests high volalility. |
| Average Directional Index/ADX (14) | 18.83 | NEGATIVE | The low ADX value for RDGT suggests a weak or negative trend. |
RDGT 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)
RDGT Technicals: Chart, Performance Metrics, Trend & Indicators
1.39
+0.01 (+0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.72%
1 Week-24.46%
2 Weeks-37.67%
1 Month-62.33%
3 Month-99.38%
6 Month-99.44%
12 Month-99.14%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%45.17%
ATR Inc-32.44%
Range Today0.14
ADR(20)0.47
ADR(20)%34.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.04
3 months CRS0.03
6 months CRS0.1
Mansfield-9.95
10 Day High2.23
10 Day Low1.23
20 Day High7.88
20 Day Low1.23
52 Week High760.5
52 Week Low1.23
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)13.33%
DER(5)9.87%
Volume70.70K
Volume Incr-99.91%
Vol(5)126.06K
Vol(50)59.39M
RIDGETECH INC / RDGT TA FAQ
What is the technical rating for RDGT stock?
ChartMill assigns a technical rating of 0 / 10 to RDGT.
What is the trend direction for RDGT stock?
The current trend direction for RIDGETECH INC (RDGT) is Bearish.
What is the RSI signal for RDGT stock?
RIDGETECH INC (RDGT) has an RSI value of 32.6586. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RIDGETECH INC?
The MACD indicator for RIDGETECH INC (RDGT) has a value of 9.98349, indicating a bullish trend.
What is the buy/sell signal for RIDGETECH INC (RDGT) stock?
The buy/sell signal for RIDGETECH INC (RDGT) is sell as both the short term and long term trends are negative.