Overall RDNT gets a technical rating of 5 out of 10. In the last year, RDNT was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
RDNT has an average technical rating and it also does not offer a high quality setup 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.
59.31
We found 3 important support areas.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The long term trend for RDNT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RDNT is up. |
| ChartMill Relative Strength | 66.48 | NEUTRAL | RDNT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RDNT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RDNT is above a declining 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) | 57.82 | NEUTRAL | The RSI value for RDNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.84 | POSITIVE | The MACD value suggests RDNT has a positive trend. |
| Stochastics (14,3) | 82.38 | OVERBOUGHT | The high Stochastics value suggests RDNT may be overbought. |
| Average True Range in percent/ATR (20) | 4.12 | MEDIUM VOLATILITY | The ATR as a percentage value for RDNT suggests some volalility. |
| Average Directional Index/ADX (14) | 20.9 | NEUTRAL | The ADX value for RDNT suggests a possible start of a new trend. |
78.2
-0.18 (-0.23%)
ChartMill assigns a technical rating of 5 / 10 to RDNT.
The current trend direction for RADNET INC (RDNT) is Bearish.
RADNET INC (RDNT) has an RSI value of 57.8166. This indicates that the stock is currently neutral.
The short term momentum for RADNET INC (RDNT) is positive.