READING INTERNATIONAL INC-B (RDIB) Stock Technical Analysis
NASDAQ:RDIB - Nasdaq - US7554082005 - Common Stock - Currency: USD
Taking everything into account, RDIB scores 1 out of 10 in our technical rating. RDIB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
93% of all other stocks performed better in the past year than RDIB.
RDIB is one of the lesser performing stocks in the Entertainment industry. 78% of 72 stocks in the same industry do better.
RDIB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RDIB is lagging the market.
In the last month RDIB has a been trading in the 8.70 - 11.82 range, which is quite wide. It is currently trading near the lows of this range.
Warning: RDIB has an average volume of 10306 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 neutral. So this is not the most entertaining stock around.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, RDIB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 9.02, a Stop Loss order could be placed below this zone.
More info and screens
8.93
11.39
When analyzing the support we notice one important area.
- A support zone ranging from 9.02 to 9.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.19 to 10.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.79 from a trend line in the weekly time frame.
- Resistance @11.28 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for RDIB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RDIB is neutral. |
| ChartMill Relative Strength | 7.35 | NEGATIVE | RDIB has a low relative strength, it was outperformed by 92.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RDIB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RDIB is below a declining 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) | 43.2 | NEUTRAL | The RSI value for RDIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests RDIB has a negative trend. |
| Stochastics (14,3) | 55.82 | NEUTRAL | The Stochastics value for RDIB is a neutral value. |
| Average True Range in percent/ATR (20) | 9.89 | HIGH VOLATILITY | The high ATR as a percentage value for RDIB suggests high volalility. |
| Average Directional Index/ADX (14) | 32.59 | POSITIVE | The high ADX value value for RDIB 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:RDIB (8/1/2025, 8:00:02 PM)
9.1
-0.88 (-8.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-8.82%
1 Week-11.65%
2 Weeks0.78%
1 Month-6.09%
3 Month-27.2%
6 Month42.19%
12 Month-35%
2 Year-48.59%
3 Year-54.95%
5 Year-54.5%
10 Year-28.12%
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%9.89%
ATR Inc23.26%
Range Today1.04
ADR(20)0.81
ADR(20)%8.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.35
Mansfield-0.33
10 Day High11.19
10 Day Low8.96
20 Day High11.82
20 Day Low8.7
52 Week High21.34
52 Week Low5.78
CS1 End9.02
CR1 Start10.19
Volume & EV
DER(3)-12.07%
DER(5)-7.24%
Volume8.50K
Volume Incr-68.91%
Vol(5)4.66K
Vol(50)10.31K