83 USD
+3.74 (+4.72%)
83 USD
0 (0%)
We assign a technical rating of 6 out of 10 to RDNT. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RDNT is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
RDNT is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so RDNT is leading the market.
In the last month RDNT has a been trading in the 72.00 - 84.64 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that RDNT is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
RDNT is an average performer in the Health Care Providers & Services industry, it outperforms 68% of 100 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RDNT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
56.87
84.24
When analyzing the support we can see 4 important areas.
- A support zone ranging from 77.28 to 78.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 75.02 to 75.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 70.60 to 70.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 57.44 to 58.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @83.41 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for RDNT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RDNT is up. |
| ChartMill Relative Strength | 78.59 | POSITIVE | RDNT has a high relative strength, it outperformed 78.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RDNT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RDNT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RDNT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.53 | NEUTRAL | The RSI value for RDNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests RDNT has a positive trend. |
| Stochastics (14,3) | 70.02 | NEUTRAL | The Stochastics value for RDNT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.55 | MEDIUM VOLATILITY | The ATR as a percentage value for RDNT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.58 | NEUTRAL | The ADX value for RDNT suggests a possible start of a new trend. |
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)
83
+3.74 (+4.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg4.72%
1 Week10.45%
2 Weeks5.99%
1 Month-0.49%
3 Month18.4%
6 Month46.62%
12 Month1.17%
2 Year149.77%
3 Year319.83%
5 Year345.76%
10 Year1238.71%
15 Year3129.57%
Volatility
ATR(14)4.23
ATR(20)%4.55%
ATR Inc23.65%
Range Today5.47
ADR(20)3.77
ADR(20)%4.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.59
3 months CRS90.22
6 months CRS90.58
Mansfield2.06
10 Day High84.64
10 Day Low72
20 Day High84.64
20 Day Low72
52 Week High85.42
52 Week Low45
CS1 End78.22
CR1 Start83.41
Volume & EV
DER(3)-6.16%
DER(5)-5.01%
Volume1.16M
Volume Incr8.41%
Vol(5)911.72K
Vol(50)752.95K
RADNET INC / RDNT FAQ
Can you provide the ChartMill technical rating for RADNET INC?
ChartMill assigns a technical rating of 6 / 10 to RDNT.
What is the current trend direction of RADNET INC (RDNT) stock?
The current trend direction for RADNET INC (RDNT) is Bullish.
What is the RSI signal for RADNET INC (RDNT) stock?
RADNET INC (RDNT) has an RSI value of 61.5331. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RADNET INC?
The MACD indicator for RADNET INC (RDNT) has a value of 0.324883, indicating a bearish trend.
What is the buy/sell signal for RADNET INC (RDNT) stock?
The buy/sell signal for RADNET INC (RDNT) is buy as both the short term and long term trends are positive.