RADIAN GROUP INC (RDN)

US7502361014 - Common Stock

37.01  +0.57 (+1.56%)

After market: 37.01 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.
Looking at the yearly performance, RDN did better than 89% of all other stocks. We also observe that the gains produced by RDN over the past year are nicely spread over this period.
RDN is one of the better performing stocks in the Financial Services industry, it outperforms 83% of 104 stocks in the same industry.
A new 52 week high is currently being made by RDN, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so RDN is leading the market.
In the last month RDN has a been trading in the 30.88 - 37.06 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
RDN Weekly chart
RDN Daily chart
Setup Rating and Analysis

2

Although RDN has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

29.00

37.38

3 important support areas can be observed.

  • A support zone ranging from 31.93 to 32.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 30.66 to 30.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @29.29 from a horizontal line in the daily time frame.

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
CRS89.38
Mansfield1.43
10 Day High37.06
10 Day Low32.98
20 Day High37.06
20 Day Low30.88
52 Week High37.06
52 Week Low24.56
Performance
1 Week6.02%
2 Weeks12.12%
1 Month20.24%
3 Month21.94%
6 Month26.49%
12 Month36.92%
2 Year65.44%
3 Year63.91%
5 Year62.32%
10 Year192.34%
15 Year1011.41%
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)0.34
RSI(14)81.73
LBB31.1
UBB37.63
RDN Daily chart

RADIAN GROUP INC

NYSE:RDN (7/26/2024, 7:04:00 PM)

After market: 37.01 0 (0%)

37.01

+0.57 (+1.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg1.56%
1 Week6.02%
2 Weeks12.12%
1 Month20.24%
3 Month21.94%
6 Month26.49%
12 Month36.92%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.82
ATR(20)%1.97%
ATR Inc
Range Today0.56
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 High37.06
10 Day Low32.98
20 Day High37.06
20 Day Low30.88
52 Week High37.06
52 Week Low24.56
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume660.00K
Volume Incr-16.07%
Vol(5)775.36K
Vol(50)832.81K