ERREDUE SPA (RDUE.MI) Technical Analysis
BIT:RDUE • IT0005521247
Current stock price
RDUE.MI Technical Rating and Analysis
Taking everything into account, RDUE scores 6 out of 10 in our technical rating. RDUE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 100% of all other stocks performed better in the past year than RDUE.
- RDUE is part of the Machinery industry. There are 99 other stocks in this industry, of which 91% are performing better than RDUE.
- Warning: RDUE has an average volume of 8410 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month RDUE has a been trading in the 6.25 - 8.60 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RDUE.MI Weekly and Daily overview Charts
RDUE.MI Setup Rating and Analysis
RDUE has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
RDUE.MI Support and Resistance Analysis
6.34
5 important support areas can be observed.
- A support zone ranging from 8.20 to 8.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.04 from a trend line in the daily time frame.
- A support zone ranging from 7.34 to 7.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.88 from a trend line in the weekly time frame.
- Support @6.40 from a horizontal line in the daily time frame.
RDUE.MI Technical Indicator Signal Analysis
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 RDUE.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RDUE.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | RDUE.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RDUE.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RDUE.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 56.18 | NEUTRAL | The RSI value for RDUE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests RDUE.MI has a positive trend. |
| Stochastics (14,3) | 72.08 | NEUTRAL | The Stochastics value for RDUE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.65 | HIGH VOLATILITY | The high ATR as a percentage value for RDUE.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 11.65 | NEGATIVE | The low ADX value for RDUE.MI suggests a weak or negative trend. |
RDUE.MI Chart- and CandleStick Pattern Analysis
RDUE.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:RDUE (4/28/2026, 7:00:00 PM)
8.48
+0.78 (+10.13%)
ERREDUE SPA / RDUE.MI TA FAQ
What is the ChartMill technical rating of ERREDUE SPA (RDUE.MI) stock?
ChartMill assigns a technical rating of 6 / 10 to RDUE.MI.
Can you provide the trend direction for ERREDUE SPA?
The current trend direction for ERREDUE SPA (RDUE.MI) is Bullish.
What is the RSI signal for ERREDUE SPA (RDUE.MI) stock?
ERREDUE SPA (RDUE.MI) has an RSI value of 56.1833. This indicates that the stock is currently neutral.
What is the short term momentum for RDUE stock?
The short term momentum for ERREDUE SPA (RDUE.MI) is positive.
Can you provide the buy/sell signal for ERREDUE SPA?
The buy/sell signal for ERREDUE SPA (RDUE.MI) is buy as both the short term and long term trends are positive.