RADIAN GROUP INC (RDN) Stock Technical Analysis
NYSE:RDN - New York Stock Exchange, Inc. - US7502361014 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to RDN. RDN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
RDN is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
RDN has an average volume of 2104220 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, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, RDN turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
RDN is an average performer in the Financial Services industry, it outperforms 66% of 101 stocks in the same industry.
In the last month RDN has a been trading in the 29.82 - 34.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, RDN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 31.81, a Stop Loss order could be placed below this zone.
More info and screens
29.66
36.51
We found 3 important support areas.
- A support zone ranging from 31.62 to 31.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.48 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 32.15 to 32.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.19 to 34.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 35.27 to 36.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.44
Mansfield-0.05
10 Day High33.13
10 Day Low30.78
20 Day High34.39
20 Day Low29.82
52 Week High37.86
52 Week Low29.77
Performance
1 Week1.69%
2 Weeks-1.18%
1 Month-3.8%
3 Month-4.4%
6 Month-4.92%
12 Month5.14%
2 Year31.48%
3 Year49.18%
5 Year113.02%
10 Year78.67%
15 Year124.88%
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)-0.03
RSI(14)49.29
LBB30.36
UBB32.9
31.91
+0.3 (+0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.95%
1 Week1.69%
2 Weeks-1.18%
1 Month-3.8%
3 Month-4.4%
6 Month-4.92%
12 Month5.14%
2 Year31.48%
3 Year49.18%
5 Year113.02%
10 Year78.67%
15 Year124.88%
Volatility
ATR(14)1.3
ATR(20)%3.68%
ATR Inc-29.4%
Range Today0.65
ADR(20)1.11
ADR(20)%3.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.44
Mansfield-0.05
10 Day High33.13
10 Day Low30.78
20 Day High34.39
20 Day Low29.82
52 Week High37.86
52 Week Low29.77
CS1 End31.81
CR1 Start32.15
Volume & EV
DER(3)-0.51%
DER(5)-1.9%
Volume1.10M
Volume Incr-51.67%
Vol(5)1.40M
Vol(50)2.10M