RADIAN GROUP INC (RDN)

US7502361014 - Common Stock

29.92  +0.26 (+0.88%)

After market: 29.92 0 (0%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to RDN. In the last year, RDN was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month RDN has a been trading in the 29.16 - 33.69 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, RDN did better than 77% of all other stocks.
RDN has an average volume of 1518440 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 part of the Financial Services industry. There are 102 other stocks in this industry, RDN did better than 64% of them.
RDN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RDN is lagging the market slightly.
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

5

RDN has an average technical rating and the quality of the presented setup is also not ideal 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

33.80

We found 3 important support areas.

  • A support zone ranging from 28.78 to 29.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 27.03 to 27.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @24.81 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 29.95 to 30.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 33.47 to 33.47. 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
CRS77.96
Mansfield0.08
10 Day High32.05
10 Day Low29.17
20 Day High33.69
20 Day Low29.17
52 Week High33.69
52 Week Low22.94
Performance
1 Week0.4%
2 Weeks-6%
1 Month-8.56%
3 Month2.26%
6 Month20.06%
12 Month23.28%
2 Year39.88%
3 Year21.43%
5 Year27.75%
10 Year114.02%
15 Year1629.48%
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)-0.29
RSI(14)43.45
LBB28.45
UBB32.5
RDN Daily chart

RADIAN GROUP INC

NYSE:RDN (4/22/2024, 7:24:23 PM)

After market: 29.92 0 (0%)

29.92

+0.26 (+0.88%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.88%
1 Week0.4%
2 Weeks-6%
1 Month-8.56%
3 Month2.26%
6 Month20.06%
12 Month23.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.8
ATR(20)%2.43%
ATR Inc
Range Today0.59
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 High32.05
10 Day Low29.17
20 Day High33.69
20 Day Low29.17
52 Week High33.69
52 Week Low22.94
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume722.20K
Volume Incr-13.63%
Vol(5)892.38K
Vol(50)1.52M