READING INTERNATIONAL INC-B (RDIB) Stock Technical Analysis
NASDAQ:RDIB • US7554082005
Overall RDIB gets a technical rating of 8 out of 10. RDIB has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, RDIB did better than 88% of all other stocks.
- RDIB is one of the better performing stocks in the Entertainment industry, it outperforms 89% of 80 stocks in the same industry.
- RDIB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RDIB is lagging the market.
- In the last month RDIB has a been trading in the 9.23 - 17.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, RDIB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for RDIB 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
10.59
We found 2 important support areas.
- A support zone ranging from 11.66 to 11.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.70 to 11.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @13.47 from a horizontal line in the weekly 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 RDIB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RDIB is neutral. |
| ChartMill Relative Strength | 88.95 | POSITIVE | RDIB has a high relative strength, it outperformed 88.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RDIB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RDIB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RDIB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.93 | NEUTRAL | The RSI value for RDIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests RDIB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.41 | NEUTRAL | The Stochastics value for RDIB is a neutral value. |
| Average True Range in percent/ATR (20) | 10.84 | HIGH VOLATILITY | The high ATR as a percentage value for RDIB suggests high volalility. |
| Average Directional Index/ADX (14) | 28.1 | POSITIVE | The high ADX value value for RDIB suggests a strong trend. |
NASDAQ:RDIB (2/17/2026, 8:00:02 PM)
12.09
-0.01 (-0.08%)
READING INTERNATIONAL INC-B / RDIB FAQ
Can you provide the ChartMill technical rating for READING INTERNATIONAL INC-B?
ChartMill assigns a technical rating of 8 / 10 to RDIB.
What is the trend direction for RDIB stock?
The current trend direction for READING INTERNATIONAL INC-B (RDIB) is Bullish.
What is the RSI signal for READING INTERNATIONAL INC-B (RDIB) stock?
READING INTERNATIONAL INC-B (RDIB) has an RSI value of 50.9298. This indicates that the stock is currently neutral.
What is the short term momentum for RDIB stock?
The short term momentum for READING INTERNATIONAL INC-B (RDIB) is neutral.