1.84 USD
-0.12 (-6.12%)
1.8688 USD
+0.03 (+1.57%)
We assign a technical rating of 8 out of 10 to RDZN. Both in the recent history as in the last year, RDZN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- RDZN is part of the Software industry. There are 276 other stocks in this industry. RDZN outperforms 90% of them.
- Looking at the yearly performance, RDZN did better than 87% of all other stocks. However, this relatively good performance is mostly due to a recent big 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, 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
0.79
1.86
We found 4 important support areas.
- A support zone ranging from 1.76 to 1.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.43 from a trend line in the daily time frame.
- Support @0.95 from a trend line in the weekly time frame.
- Support @0.80 from a horizontal line in the weekly time frame.
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 | 87.44 | POSITIVE | RDZN has a high relative strength, it outperformed 87.44% 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) | 42.77 | NEUTRAL | The RSI value for RDZN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests RDZN has a negative trend. |
| Stochastics (14,3) | 21.9 | NEUTRAL | The Stochastics value for RDZN is a neutral value. |
| Average True Range in percent/ATR (20) | 10.45 | HIGH VOLATILITY | The high ATR as a percentage value for RDZN suggests high volalility. |
| Average Directional Index/ADX (14) | 25.56 | POSITIVE | The high ADX value value for RDZN suggests a strong trend. |
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)
1.84
-0.12 (-6.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-6.12%
1 Week-19.65%
2 Weeks-20.69%
1 Month9.52%
3 Month39.39%
6 Month71.96%
12 Month21.05%
2 Year-67.61%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%10.45%
ATR Inc8.42%
Range Today0.19
ADR(20)0.19
ADR(20)%10.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.44
3 months CRS95.44
6 months CRS94.21
Mansfield3.31
10 Day High2.56
10 Day Low1.8
20 Day High2.56
20 Day Low1.62
52 Week High2.56
52 Week Low0.68
CS1 End1.76
CR1 StartN/A
Volume & EV
DER(3)-19.08%
DER(5)-13.12%
Volume320.10K
Volume Incr32.1%
Vol(5)282.83K
Vol(50)239.18K
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 42.7662. 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 -0.054499, indicating a bearish trend.