NASDAQ:RDZN - Nasdaq - VGG7606H1082 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to RDZN. RDZN'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.
Although the technical rating is bad, RDZN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for RDZN in the last couple of days, which is a good sign.
0.79
2 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
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 RDZN is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RDZN is neutral. |
ChartMill Relative Strength | 8.6 | NEGATIVE | RDZN has a low relative strength, it was outperformed by 91.4% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RDZN is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RDZN is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RDZN is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 49.68 | NEUTRAL | The RSI value for RDZN is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RDZN has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 44.68 | NEUTRAL | The Stochastics value for RDZN is a neutral value. |
Average True Range in percent/ATR (20) | 16.01 | HIGH VOLATILITY | The high ATR as a percentage value for RDZN suggests high volalility. |
Average Directional Index/ADX (14) | 18.15 | NEGATIVE | The low ADX value for RDZN suggests a weak or negative trend. |
0.9846
-0.06 (-5.33%)