RADNET INC (RDNT)

US7504911022 - Common Stock

51.19  +0.74 (+1.47%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to RDNT. Both in the recent history as in the last year, RDNT has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that RDNT is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, RDNT also shows a nice and consistent pattern of rising prices.
RDNT is part of the Health Care Providers & Services industry. There are 117 other stocks in this industry. RDNT outperforms 93% of them.
A new 52 week high is currently being made by RDNT, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so RDNT is leading the market.
In the last month RDNT has a been trading in the 46.09 - 50.57 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
RDNT Weekly chart
RDNT Daily chart
Setup Rating and Analysis

3

Although RDNT has an excellent technical rating, it does not present a decent entry opportunity 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

29.89

51.70

4 important support areas can be observed.

  • A support zone ranging from 48.45 to 48.52. 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 46.30 to 46.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @44.34 from a trend line in the daily time frame.
  • Support @30.19 from a trend line in the weekly time frame.

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
CRS95.26
Mansfield3.31
10 Day High50.57
10 Day Low46.18
20 Day High50.57
20 Day Low46.09
52 Week High50.57
52 Week Low25.11
Performance
1 Week3.66%
2 Weeks5.54%
1 Month5.02%
3 Month33.96%
6 Month74.93%
12 Month75.91%
2 Year145.74%
3 Year90.59%
5 Year317.63%
10 Year693.24%
15 Year2152.23%
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)-0.02
RSI(14)65.06
LBB46.58
UBB50.06
RDNT Daily chart

RADNET INC

NASDAQ:RDNT (5/2/2024, 1:57:37 PM)

51.19

+0.74 (+1.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.47%
1 Week3.66%
2 Weeks5.54%
1 Month5.02%
3 Month33.96%
6 Month74.93%
12 Month75.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.3
ATR(20)%2.81%
ATR Inc
Range Today0.98
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 High50.57
10 Day Low46.18
20 Day High50.57
20 Day Low46.09
52 Week High50.57
52 Week Low25.11
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume441.54K
Volume Incr1.93%
Vol(5)461.78K
Vol(50)627.94K