Taking everything into account, RDZN scores 8 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, RDZN is showing a nice and steady performance.
- In the last month RDZN has a been trading in the 1.62 - 2.56 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- 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.
- RDZN is one of the better performing stocks in the Software industry, it outperforms 91% of 276 stocks in the same industry.
- Looking at the yearly performance, RDZN did better than 90% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- RDZN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RDZN is lagging the market.
Although RDZN has an excellent technical rating, it does not offer a high 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
0.79
We found 3 important support areas.
- A support zone ranging from 1.75 to 1.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.43 from a trend line in the daily time frame.
- Support @0.80 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.95 to 1.97. 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 RDZN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RDZN is neutral. |
| ChartMill Relative Strength | 90.47 | POSITIVE | RDZN has a high relative strength, it outperformed 90.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RDZN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RDZN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RDZN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.14 | NEUTRAL | The RSI value for RDZN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests RDZN has a negative trend. |
| Stochastics (14,3) | 40.36 | NEUTRAL | The Stochastics value for RDZN is a neutral value. |
| Average True Range in percent/ATR (20) | 9.53 | HIGH VOLATILITY | The high ATR as a percentage value for RDZN suggests high volalility. |
| Average Directional Index/ADX (14) | 26.61 | POSITIVE | The high ADX value value for RDZN suggests a strong trend. |
NASDAQ:RDZN (1/14/2026, 12:45:09 PM)
1.86
-0.1 (-5.1%)
ROADZEN INC / RDZN FAQ
Can you provide the ChartMill technical rating for ROADZEN INC?
ChartMill assigns a technical rating of 8 / 10 to RDZN.
What is the trend direction for RDZN stock?
The current trend direction for ROADZEN INC (RDZN) is Bullish.
What is the RSI signal for ROADZEN INC (RDZN) stock?
ROADZEN INC (RDZN) has an RSI value of 48.1429. This indicates that the stock is currently neutral.
What is the MACD signal for ROADZEN INC (RDZN) stock?
The MACD indicator for ROADZEN INC (RDZN) has a value of -0.0347706, indicating a bearish trend.