ERREDUE SPA (RDUE.MI) Technical Analysis
BIT:RDUE • IT0005521247
We assign a technical rating of 3 out of 10 to RDUE. In the last year, RDUE was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, RDUE is a bad performer in the overall market: 100% of all stocks are doing better.
- RDUE is one of the lesser performing stocks in the Machinery industry. 87% of 109 stocks in the same industry do better.
- Warning: RDUE has an average volume of 7928 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- In the last month RDUE has a been trading in the 6.25 - 8.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of RDUE is bad and it also does not present a 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.
More info and screens
6.28
We found 2 important support areas.
- Support @6.86 from a trend line in the weekly time frame.
- A support zone ranging from 6.34 to 6.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.49 to 7.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.12 to 8.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for RDUE.MI is neutral. |
| 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) | DOWN | MIXED | The current price of RDUE.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RDUE.MI is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.1 | NEUTRAL | The RSI value for RDUE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests RDUE.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.36 | NEUTRAL | The Stochastics value for RDUE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.47 | HIGH VOLATILITY | The high ATR as a percentage value for RDUE.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 9.32 | NEGATIVE | The low ADX value for RDUE.MI suggests a weak or negative trend. |
RDUE.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:RDUE (3/5/2026, 7:00:00 PM)
7.4
-0.3 (-3.9%)
ERREDUE SPA / RDUE.MI FAQ
What is the ChartMill technical rating of ERREDUE SPA (RDUE.MI) stock?
ChartMill assigns a technical rating of 3 / 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 RDUE stock?
ERREDUE SPA (RDUE.MI) has an RSI value of 49.0966. This indicates that the stock is currently neutral.
What are the support and resistance levels for ERREDUE SPA (RDUE.MI) stock?
ERREDUE SPA (RDUE.MI) has a support level at 6.86 and a resistance level at 7.49. Check the full technical report for our detailed analysis of RDUE.MI support and resistance levels.