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RADIUS RECYCLING INC (RDUS) Stock Technical Analysis

NASDAQ:RDUS - Nasdaq - US8068821060 - Common Stock - Currency: USD

29.36  -0.03 (-0.1%)

Technical Rating and Analysis

9

Taking everything into account, RDUS scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RDUS is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
RDUS is one of the better performing stocks in the Metals & Mining industry, it outperforms 95% of 153 stocks in the same industry.
RDUS is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
RDUS has an average volume of 1060030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, RDUS did better than 98% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month RDUS has a been trading in a tight range between 28.03 and 29.46.
Weekly and Daily overview Charts
RADIUS RECYCLING INC / RDUS Weekly stock chart
RADIUS RECYCLING INC / RDUS Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, RDUS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 29.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.16, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

28.24

29.73

When analyzing the support we notice one important area.

  • A support zone ranging from 28.53 to 29.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 29.40 to 29.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.58
Mansfield6.47
10 Day High29.47
10 Day Low28.81
20 Day High29.47
20 Day Low28.03
52 Week High29.47
52 Week Low10.57
Performance
1 Week0.69%
2 Weeks1%
1 Month0.93%
3 Month144.71%
6 Month79.21%
12 Month64.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.37
RSI(14)76.76
LBB28.81
UBB29.47
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
29.4528.800.65 (2.21%)25.00%
An entry @29.45. This is a Buy Stop order right above the resistance zone.An exit @28.80. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.65 points, which is 2.21%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.55%.

  • 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.
RADIUS RECYCLING INC / RDUS Daily stock chart

RADIUS RECYCLING INC

NASDAQ:RDUS (5/2/2025, 3:41:08 PM)

29.36

-0.03 (-0.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.1%
1 Week0.69%
2 Weeks1%
1 Month0.93%
3 Month144.71%
6 Month79.21%
12 Month64.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%1.25%
ATR Inc-26.75%
Range Today0.24
ADR(20)0.36
ADR(20)%1.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.58
Mansfield6.47
10 Day High29.47
10 Day Low28.81
20 Day High29.47
20 Day Low28.03
52 Week High29.47
52 Week Low10.57
CS1 End29.16
CR1 Start29.4
Volume & EV
DER(3)1.16%
DER(5)0.81%
Volume587.82K
Volume Incr-38.49%
Vol(5)738.56K
Vol(50)1.06M