We assign a technical rating of 6 out of 10 to RDIB. Although RDIB is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, RDIB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.87, a Stop Loss order could be placed below this zone. 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
When analyzing the support we notice one important area.
- A support zone ranging from 10.70 to 10.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 11.27 to 11.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.38 to 12.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.35 from a horizontal 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 | 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 | 92.23 | POSITIVE | RDIB has a high relative strength, it outperformed 92.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RDIB is below the rising 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) | 48.6 | NEUTRAL | The RSI value for RDIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests RDIB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.18 | NEUTRAL | The Stochastics value for RDIB is a neutral value. |
| Average True Range in percent/ATR (20) | 6.23 | HIGH VOLATILITY | The high ATR as a percentage value for RDIB suggests high volalility. |
| Average Directional Index/ADX (14) | 21.21 | NEUTRAL | The ADX value for RDIB suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.67 | 10.69 | 0.98 (8.40%) | 11.91% |
| An entry @11.67. This is a Buy Stop order right above the resistance zone. | An exit @10.69. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.98 points, which is 8.40%. | For a 1.00% total portfolio risk, you can invest 11.91% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:RDIB (12/22/2025, 8:11:28 PM)
11.26
+0.16 (+1.44%)
READING INTERNATIONAL INC-B / RDIB FAQ
Can you provide the ChartMill technical rating for READING INTERNATIONAL INC-B?
ChartMill assigns a technical rating of 6 / 10 to RDIB.
Can you provide the trend direction for READING INTERNATIONAL INC-B?
The current trend direction for READING INTERNATIONAL INC-B (RDIB) is Bearish.
What is the RSI signal for READING INTERNATIONAL INC-B (RDIB) stock?
READING INTERNATIONAL INC-B (RDIB) has an RSI value of 48.5966. This indicates that the stock is currently neutral.
What is the MACD signal for READING INTERNATIONAL INC-B (RDIB) stock?
The MACD indicator for READING INTERNATIONAL INC-B (RDIB) has a value of -0.0573497, indicating a bearish trend.