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 8 out of 10 to RDN. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RDN is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
RDN is part of the Financial Services industry. There are 101 other stocks in this industry. RDN outperforms 72% of them.
In the last month RDN has a been trading in the 29.32 - 34.90 range, which is quite wide. It is currently trading near the high of this range.
RDN has an average volume of 1951820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that RDN is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
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.
RDN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 33.31, a Stop Loss order could be placed below this zone.
More info and screens
29.66
36.51
When analyzing the support we can see 4 important areas.
- A support zone ranging from 33.10 to 33.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.96 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.
- Resistance @35.27 from a horizontal line in the daily time frame.
- Resistance @36.15 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.99
Mansfield-0.13
10 Day High34.9
10 Day Low33.28
20 Day High34.9
20 Day Low29.32
52 Week High37.86
52 Week Low29.32
Performance
1 Week0.79%
2 Weeks2.11%
1 Month8.41%
3 Month5.74%
6 Month-1.92%
12 Month9.55%
2 Year34.26%
3 Year59.41%
5 Year115.93%
10 Year91.35%
15 Year233.56%
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)0.11
RSI(14)59.78
LBB32.89
UBB34.87
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 35.28 | 33.27 | 2.01 (5.70%) | 17.55% |
| An entry @35.28. This is a Buy Stop order right above the resistance zone. | An exit @33.27. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.01 points, which is 5.70%. | When investing 17.55% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
34.29
-0.1 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.29%
1 Week0.79%
2 Weeks2.11%
1 Month8.41%
3 Month5.74%
6 Month-1.92%
12 Month9.55%
2 Year34.26%
3 Year59.41%
5 Year115.93%
10 Year91.35%
15 Year233.56%
Volatility
ATR(14)0.9
ATR(20)%2.44%
ATR Inc-39.1%
Range Today0.52
ADR(20)0.79
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.99
Mansfield-0.13
10 Day High34.9
10 Day Low33.28
20 Day High34.9
20 Day Low29.32
52 Week High37.86
52 Week Low29.32
CS1 End33.31
CR1 Start35.27
Volume & EV
DER(3)-1.62%
DER(5)-0.85%
Volume734.80K
Volume Incr-19.74%
Vol(5)959.72K
Vol(50)1.95M