READING INTERNATIONAL INC-B (RDIB) Stock Technical Analysis
NASDAQ:RDIB - Nasdaq - US7554082005 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to RDIB. In the past year, RDIB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
88% of all other stocks performed better in the past year than RDIB.
RDIB is part of the Entertainment industry. There are 71 other stocks in this industry, of which 80% are performing better than RDIB.
RDIB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: RDIB has an average volume of 4782 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month RDIB has a been trading in the 5.78 - 7.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RDIB has a bad 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 6.12, a Stop Loss order could be placed below this zone.
More info and screens
5.93
11.91
We found 1 important support area.
- A support zone ranging from 5.99 to 6.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- Resistance @7.14 from a horizontal line in the weekly time frame.
- Resistance @7.40 from a horizontal line in the daily time frame.
- Resistance @7.74 from a trend line in the daily time frame.
- Resistance @8.25 from a trend line in the daily time frame.
- Resistance @10.12 from a trend line in the weekly time frame.
- Resistance @11.79 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
CRS12.09
Mansfield-4.37
10 Day High7.53
10 Day Low5.9
20 Day High7.55
20 Day Low5.78
52 Week High21.34
52 Week Low5.78
Performance
1 Week7.36%
2 Weeks3.68%
1 Month-10.33%
3 Month5.04%
6 Month-38.14%
12 Month-55.02%
2 Year-67.66%
3 Year-67.99%
5 Year-70.17%
10 Year-40.35%
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)0.1
RSI(14)51.34
LBB5.78
UBB7.34
NASDAQ:RDIB (2/20/2025, 8:00:01 PM)
6.86
-0.53 (-7.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-7.17%
1 Week7.36%
2 Weeks3.68%
1 Month-10.33%
3 Month5.04%
6 Month-38.14%
12 Month-55.02%
2 Year-67.66%
3 Year-67.99%
5 Year-70.17%
10 Year-40.35%
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%6.67%
ATR Inc56.45%
Range Today0
ADR(20)0.33
ADR(20)%4.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.09
Mansfield-4.37
10 Day High7.53
10 Day Low5.9
20 Day High7.55
20 Day Low5.78
52 Week High21.34
52 Week Low5.78
CS1 End6.12
CR1 Start7.14
Volume & EV
DER(3)1.28%
DER(5)-5.9%
Volume100
Volume Incr-82.82%
Vol(5)1.00K
Vol(50)4.78K