YM RDDT OPTION INC STRAT ETF (RDYY) Technical Analysis
NYSEARCA:RDYY • US88636V4216
Current stock price
RDYY Technical Rating and Analysis
Taking everything into account, RDYY scores 1 out of 10 in our technical rating. RDYY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, RDYY is a bad performer in the overall market: 100% of all stocks are doing better.
- In the last month RDYY has a been trading in the 17.99 - 21.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
RDYY Weekly and Daily overview Charts
RDYY Setup Rating and Analysis
Although the technical rating is bad, RDYY does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
RDYY Support and Resistance Analysis
19.94
When analyzing the resistance we notice 4 important areas.
- Resistance @20.80 from a horizontal line in the daily time frame.
- Resistance @27.73 from a trend line in the daily time frame.
- Resistance @36.01 from a trend line in the daily time frame.
- Resistance @39.90 from a horizontal line in the daily time frame.
RDYY 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 | DOWN | NEGATIVE | The long term trend for RDYY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RDYY is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | RDYY 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 RDYY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RDYY is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 45.41 | NEUTRAL | The RSI value for RDYY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests RDYY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.31 | NEUTRAL | The Stochastics value for RDYY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for RDYY suggests some volalility. |
| Average Directional Index/ADX (14) | 30.33 | POSITIVE | The high ADX value value for RDYY suggests a strong trend. |
RDYY Chart- and CandleStick Pattern Analysis
RDYY Technicals: Chart, Performance Metrics, Trend & Indicators
20.14
+0.31 (+1.57%)
YM RDDT OPTION INC STRAT ETF / RDYY TA FAQ
What is the ChartMill technical rating of YM RDDT OPTION INC STRAT ETF (RDYY) stock?
ChartMill assigns a technical rating of 1 / 10 to RDYY.
What is the trend direction for RDYY stock?
The current trend direction for YM RDDT OPTION INC STRAT ETF (RDYY) is Bearish.
What is the RSI signal for RDYY stock?
YM RDDT OPTION INC STRAT ETF (RDYY) has an RSI value of 45.4104. This indicates that the stock is currently neutral.
What is the MACD signal for RDYY stock?
The MACD indicator for YM RDDT OPTION INC STRAT ETF (RDYY) has a value of 0.282446, indicating a bearish trend.
Can you provide the short term momentum for YM RDDT OPTION INC STRAT ETF?
The short term momentum for YM RDDT OPTION INC STRAT ETF (RDYY) is negative.