RADNET INC (RDNT)
US7504911022 - Common Stock
Overall RDNT gets a technical rating of 10 out of 10. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, RDNT did better than 94% of all other 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 94% of them.
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 46.09 - 49.94 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
RDNT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 49.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.54, a Stop Loss order could be placed below this zone.
More info and screens
29.71
49.73
5 important support areas can be observed.
- A support zone ranging from 48.05 to 48.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @47.27 from a trend line in the daily time frame.
- A support zone ranging from 46.51 to 46.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.60 from a trend line in the daily time frame.
- Support @30.01 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 49.05 to 49.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.9
Mansfield2.81
10 Day High49.85
10 Day Low46.18
20 Day High49.94
20 Day Low46.09
52 Week High49.94
52 Week Low25.11
Performance
1 Week1.82%
2 Weeks0.25%
1 Month0.75%
3 Month30.62%
6 Month91.46%
12 Month75.96%
2 Year149.59%
3 Year117.86%
5 Year301.9%
10 Year879.28%
15 Year3060.39%
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)-0.25
RSI(14)58.75
LBB46.82
UBB49.74
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 |
|---|---|---|---|
| 49.25 | 48.04 | 1.21 (2.46%) | 25.00% |
| An entry @49.25. This is a Buy Stop order right above the resistance zone. | An exit @48.04. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.21 points, which is 2.46%. | For a 0.61% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of RDNT. Please evaluate whether better entry and exit points can be found.
- 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.
RADNET INC
NASDAQ:RDNT (4/24/2024, 7:25:44 PM)
After market: 48.67 0 (0%)48.67
-0.16 (-0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.33%
1 Week1.82%
2 Weeks0.25%
1 Month0.75%
3 Month30.62%
6 Month91.46%
12 Month75.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.41
ATR(20)%2.86%
ATR Inc
Range Today1.28
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 High49.85
10 Day Low46.18
20 Day High49.94
20 Day Low46.09
52 Week High49.94
52 Week Low25.11
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume498.00K
Volume Incr-18.44%
Vol(5)445.40K
Vol(50)611.52K