RADIUS RECYCLING INC (RDUS) Technical Analysis
NASDAQ:RDUS • US8068821060
Current stock price
RDUS Technical Rating and Analysis
Overall RDUS gets a technical rating of 8 out of 10. Both in the recent history as in the last year, RDUS 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!
- RDUS 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 RDUS is leading the market.
- When comparing the yearly performance of all stocks, we notice that RDUS is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- RDUS is an average performer in the Metals & Mining industry, it outperforms 48% of 157 stocks in the same industry.
- In the last month RDUS has a been trading in a tight range between 29.34 and 30.04.
- Volume is considerably higher in the last couple of days.
RDUS Weekly and Daily overview Charts
RDUS Setup Rating and Analysis
Although RDUS has an excellent technical rating, the quality of the presented setup is not ideal 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
RDUS Support and Resistance Analysis
28.24
When analyzing the support we can see 2 important areas.
- A support zone ranging from 29.44 to 29.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.53 to 28.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.01 to 30.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
RDUS 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 RDUS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RDUS is up. |
| ChartMill Relative Strength | 89.35 | POSITIVE | RDUS has a high relative strength, it outperformed 89.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RDUS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RDUS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RDUS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.87 | OVERBOUGHT | The high RSI value suggests RDUS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests RDUS has a positive trend. |
| Stochastics (14,3) | 91.44 | OVERBOUGHT | The high Stochastics value suggests RDUS may be overbought. |
| Average True Range in percent/ATR (20) | 0.45 | LOW VOLATILITY | The low ATR as a percentage value for RDUS suggests low volalility. |
| Average Directional Index/ADX (14) | 27.43 | POSITIVE | The high ADX value value for RDUS suggests a strong trend. |
RDUS Chart- and CandleStick Pattern Analysis
RDUS Technicals: Chart, Performance Metrics, Trend & Indicators
30
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RADIUS RECYCLING INC / RDUS TA FAQ
What is the ChartMill technical rating of RADIUS RECYCLING INC (RDUS) stock?
ChartMill assigns a technical rating of 8 / 10 to RDUS.
Can you provide the trend direction for RADIUS RECYCLING INC?
The current trend direction for RADIUS RECYCLING INC (RDUS) is Bullish.
What is the RSI signal for RADIUS RECYCLING INC (RDUS) stock?
RADIUS RECYCLING INC (RDUS) has an RSI value of 71.868. This indicates that the stock is currently overbought.
What is the MACD signal for RDUS stock?
The MACD indicator for RADIUS RECYCLING INC (RDUS) has a value of 0.0198001, indicating a bearish trend.
What is the short term momentum for RDUS stock?
The short term momentum for RADIUS RECYCLING INC (RDUS) is positive.