USA - NYSE:RDN - US7502361014 - Common Stock
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 has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 33.08, a Stop Loss order could be placed below this zone.
29.66
We found 3 important support areas.
2 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for RDN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RDN is down. |
| ChartMill Relative Strength | 46.76 | NEUTRAL | RDN is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of RDN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RDN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.79 | NEUTRAL | The RSI value for RDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RDN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.38 | NEUTRAL | The Stochastics value for RDN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for RDN suggests some volalility. |
| Average Directional Index/ADX (14) | 14.96 | NEGATIVE | The low ADX value for RDN suggests a weak or negative trend. |
33.39
-0.25 (-0.74%)
ChartMill assigns a technical rating of 1 / 10 to RDN.
The current trend direction for RADIAN GROUP INC (RDN) is Bearish.
RADIAN GROUP INC (RDN) has an RSI value of 40.7925. This indicates that the stock is currently neutral.
The short term momentum for RADIAN GROUP INC (RDN) is negative.
RADIAN GROUP INC (RDN) has a support level at 33.08 and a resistance level at 33.48. Check the full technical report for our detailed analysis of RDN support and resistance levels.