RADIAN GROUP INC (RDN) Stock Technical Analysis
USA - NYSE:RDN - US7502361014 - Common Stock
34.85 USD
-0.15 (-0.43%)
34.85 USD
0 (0%)
Overall RDN gets a technical rating of 4 out of 10. In the last year, RDN was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
73% of all other stocks performed better in the past year than RDN.
In the last month RDN has a been trading in the 34.34 - 38.84 range, which is quite wide. It is currently trading near the lows of this range.
RDN has an average volume of 1025720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
RDN is an average performer in the Financial Services industry, it outperforms 48% of 100 stocks in the same industry.
RDN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RDN is lagging the market.
RDN has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 34.58, a Stop Loss order could be placed below this zone.
More info and screens
29.66
37.61
5 important support areas can be observed.
- Support @34.58 from a horizontal line in the daily time frame.
- A support zone ranging from 32.81 to 33.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.54 from a trend line in the weekly time frame.
- A support zone ranging from 30.47 to 30.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.96 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 34.89 to 36.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.80 to 37.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 RDN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RDN is down. |
| ChartMill Relative Strength | 27.53 | NEGATIVE | RDN has a low relative strength, it was outperformed by 72.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RDN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RDN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RDN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.43 | NEUTRAL | The RSI value for RDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests RDN has a negative trend. |
| Stochastics (14,3) | 17.76 | OVERSOLD | The low Stochastics value suggests RDN may be oversold. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for RDN suggests some volalility. |
| Average Directional Index/ADX (14) | 21.94 | NEUTRAL | The ADX value for RDN suggests a possible start of a new 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)
34.85
-0.15 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.43%
1 Week-5.79%
2 Weeks-6.39%
1 Month-1.53%
3 Month-5.3%
6 Month11.13%
12 Month0.11%
2 Year37.53%
3 Year66.99%
5 Year94.15%
10 Year140.84%
15 Year359.16%
Volatility
ATR(14)0.93
ATR(20)%2.34%
ATR Inc-24.2%
Range Today0.59
ADR(20)0.72
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.53
Mansfield-0.76
10 Day High37.23
10 Day Low34.76
20 Day High38.84
20 Day Low34.35
52 Week High38.84
52 Week Low29.32
CS1 End34.58
CR1 Start34.89
Volume & EV
DER(3)-1.06%
DER(5)-0.71%
Volume1.05M
Volume Incr-27.41%
Vol(5)869.58K
Vol(50)1.03M