RADNET INC (RDNT) Stock Technical Analysis
NASDAQ:RDNT - Nasdaq - US7504911022 - Common Stock - Currency: USD
Overall RDNT gets a technical rating of 2 out of 10. RDNT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
RDNT is currently trading near the lower end of its 52 week range, which is not a good sign. RDNT is lagging the S&P500 Index which is trading in the middle of its 52 week range.
When comparing the performance of all stocks over the past year, RDNT turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
RDNT is part of the Health Care Providers & Services industry. There are 105 other stocks in this industry, RDNT did better than 54% of them.
In the last month RDNT has a been trading in the 45.00 - 54.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RDNT has a bad technical rating, but it does show a decent setup pattern. 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 52.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.67, a Stop Loss order could be placed below this zone.
More info and screens
45.45
54.29
When analyzing the support we can see 2 important areas.
- A support zone ranging from 48.01 to 48.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 45.91 to 46.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @52.38 from a trend line in the daily time frame.
- A resistance zone ranging from 53.42 to 53.75. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS47.31
Mansfield-1.49
10 Day High54.99
10 Day Low45
20 Day High54.99
20 Day Low45
52 Week High93.65
52 Week Low45
Performance
1 Week-6.08%
2 Weeks0.55%
1 Month0.14%
3 Month-16.84%
6 Month-26.97%
12 Month7.01%
2 Year79.97%
3 Year155.28%
5 Year252.55%
10 Year494.03%
15 Year1252.72%
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)0.35
RSI(14)44.21
LBB47.21
UBB54.93
49.78
-0.74 (-1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-1.46%
1 Week-6.08%
2 Weeks0.55%
1 Month0.14%
3 Month-16.84%
6 Month-26.97%
12 Month7.01%
2 Year79.97%
3 Year155.28%
5 Year252.55%
10 Year494.03%
15 Year1252.72%
Volatility
ATR(14)3.65
ATR(20)%6.48%
ATR Inc-22.51%
Range Today1.65
ADR(20)3.07
ADR(20)%6.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.31
Mansfield-1.49
10 Day High54.99
10 Day Low45
20 Day High54.99
20 Day Low45
52 Week High93.65
52 Week Low45
CS1 End48.67
CR1 Start52.38
Volume & EV
DER(3)2.46%
DER(5)1.65%
Volume704.40K
Volume Incr-23.48%
Vol(5)782.46K
Vol(50)941.57K