RADIAN GROUP INC (RDN)

US7502361014 - Common Stock

33.24  +0.8 (+2.47%)

After market: 33.24 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to RDN. Both in the recent history as in the last year, RDN has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that RDN is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by RDN over the past year are nicely spread over this period.
RDN is part of the Financial Services industry. There are 102 other stocks in this industry. RDN outperforms 85% of them.
A new 52 week high is currently being made by RDN, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month RDN has a been trading in the 28.70 - 33.29 range, which is quite wide. It is currently trading near the high of this range.
RDN has an average volume of 1469830 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.
Weekly and Daily overview Charts
RDN Weekly chart
RDN Daily chart
Setup Rating and Analysis

3

Although RDN has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

24.56

33.57

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 32.22 to 32.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 30.87 to 31.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 28.20 to 28.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @27.03 from a horizontal line in the daily time frame.
  • A support zone ranging from 24.81 to 24.81. This zone is formed by a combination of multiple trend lines in multiple time frames.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.92
Mansfield0.74
10 Day High33.29
10 Day Low30.73
20 Day High33.29
20 Day Low28.7
52 Week High33.29
52 Week Low21.67
Performance
1 Week1.31%
2 Weeks4.92%
1 Month14.66%
3 Month16.43%
6 Month32.38%
12 Month50.41%
2 Year49.66%
3 Year42.97%
5 Year60.27%
10 Year121.16%
15 Year1726.37%
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)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)72.31
LBB29.94
UBB33.84
RDN Daily chart

RADIAN GROUP INC

NYSE:RDN (3/27/2024, 8:04:00 PM)

After market: 33.24 0 (0%)

33.24

+0.8 (+2.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg2.47%
1 Week1.31%
2 Weeks4.92%
1 Month14.66%
3 Month16.43%
6 Month32.38%
12 Month50.41%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.76
ATR(20)%2.21%
ATR Inc
Range Today0.63
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High33.29
10 Day Low30.73
20 Day High33.29
20 Day Low28.7
52 Week High33.29
52 Week Low21.67
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume878.50K
Volume Incr-56.87%
Vol(5)907.56K
Vol(50)1.47M