REDFIN CORP (RDFN)
US75737F1084 - Common Stock
We assign a technical rating of 6 out of 10 to RDFN. RDFN was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month RDFN has a been trading in the 9.16 - 11.88 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, RDFN did better than 86% of all other stocks.
RDFN is part of the Real Estate Management & Development industry. There are 68 other stocks in this industry. RDFN outperforms 79% of them.
RDFN has an average volume of 7019350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
RDFN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RDFN is lagging the market.
Volume is considerably higher in the last couple of days.
RDFN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 9.66, a Stop Loss order could be placed below this zone.
More info and screens
5.37
14.27
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.66 to 9.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.62 from a trend line in the weekly time frame.
- Support @5.42 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @14.13 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.92
Mansfield0.61
10 Day High11.88
10 Day Low9.16
20 Day High11.88
20 Day Low9.16
52 Week High15.29
52 Week Low5.1
Performance
1 Week-5.65%
2 Weeks-2.86%
1 Month-11.42%
3 Month32.04%
6 Month30.81%
12 Month45.49%
2 Year83.77%
3 Year-75.79%
5 Year-48.91%
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
RSI(14)43.65
LBB9.34
UBB11.26
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.40 | 9.65 | 0.75 (7.21%) | 13.87% |
| An entry @10.40. This is a Buy Stop order right above the 10 day moving average. | An exit @9.65. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.75 points, which is 7.21%. | When investing 13.87% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of RDFN. Please evaluate whether better entry and exit points can be found.
- 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.
REDFIN CORP
NASDAQ:RDFN (11/11/2024, 8:00:01 PM)
Premarket: 9.74 -0.11 (-1.12%)9.85
+0.18 (+1.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg1.86%
1 Week-5.65%
2 Weeks-2.86%
1 Month-11.42%
3 Month32.04%
6 Month30.81%
12 Month45.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.8
ATR(20)%7.94%
ATR Inc
Range Today0.9
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.88
10 Day Low9.16
20 Day High11.88
20 Day Low9.16
52 Week High15.29
52 Week Low5.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.14M
Volume Incr99.27%
Vol(5)9.68M
Vol(50)7.02M