RADIAN GROUP INC (RDN)
US7502361014 - Common Stock
We assign a technical rating of 3 out of 10 to RDN. RDN has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
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.
In the last month RDN has a been trading in the 31.63 - 35.53 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
RDN has an average volume of 1098000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, RDN outperforms 66% of them, which is more or less in line with the market.
RDN is part of the Financial Services industry. There are 100 other stocks in this industry, RDN did better than 56% of them.
RDN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RDN is lagging the market.
Although the technical rating is bad, RDN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 34.07. Right above this resistance zone may be a good entry point.
More info and screens
30.74
37.54
We found 2 important support areas.
- A support zone ranging from 31.66 to 32.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.05 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 34.07 to 34.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @35.25 from a trend line in the daily time frame.
- Resistance @36.15 from a horizontal line in the daily time frame.
- A resistance zone ranging from 37.02 to 37.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.72
Mansfield-0.42
10 Day High34.88
10 Day Low33.33
20 Day High35.53
20 Day Low31.63
52 Week High37.86
52 Week Low24.92
Performance
1 Week-1.08%
2 Weeks0.47%
1 Month-0.9%
3 Month-5.37%
6 Month8.69%
12 Month34.04%
2 Year73.84%
3 Year67.01%
5 Year31.66%
10 Year99.53%
15 Year661.07%
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)0.03
RSI(14)49.09
LBB32.36
UBB35.4
RADIAN GROUP INC
NYSE:RDN (11/21/2024, 8:04:00 PM)
After market: 34.02 0 (0%)34.02
+0.43 (+1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg1.28%
1 Week-1.08%
2 Weeks0.47%
1 Month-0.9%
3 Month-5.37%
6 Month8.69%
12 Month34.04%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.82
ATR(20)%2.83%
ATR Inc
Range Today0.52
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 High34.88
10 Day Low33.33
20 Day High35.53
20 Day Low31.63
52 Week High37.86
52 Week Low24.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume826.20K
Volume Incr-21.81%
Vol(5)1.07M
Vol(50)1.10M