RADNET INC (RDNT)

US7504911022 - Common Stock

73.36  +0.74 (+1.02%)

After market: 73.36 0 (0%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to RDNT. In the last year, RDNT was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month RDNT has a been trading in the 70.15 - 85.42 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, RDNT did better than 94% of all other stocks. On top of that, RDNT also shows a nice and consistent pattern of rising prices.
RDNT is part of the Health Care Providers & Services industry. There are 108 other stocks in this industry. RDNT outperforms 94% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
RDNT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RDNT is lagging the market.
Weekly and Daily overview Charts
RDNT Weekly chart
RDNT Daily chart
Setup Rating and Analysis

3

Although RDNT has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

65.71

83.68

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 70.86 to 71.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 66.37 to 67.16. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 78.15 to 78.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 82.04 to 82.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.47
Mansfield1.47
10 Day High81.47
10 Day Low70.15
20 Day High85.42
20 Day Low70.15
52 Week High93.65
52 Week Low33.44
Performance
1 Week-4.13%
2 Weeks-7.05%
1 Month-9.95%
3 Month5.81%
6 Month24.51%
12 Month110.99%
2 Year289.59%
3 Year143.64%
5 Year261.38%
10 Year759.02%
15 Year3496.08%
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)-1.11
RSI(14)41
LBB70.03
UBB83.25
RDNT Daily chart

RADNET INC

NASDAQ:RDNT (12/24/2024, 7:34:35 PM)

After market: 73.36 0 (0%)

73.36

+0.74 (+1.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.02%
1 Week-4.13%
2 Weeks-7.05%
1 Month-9.95%
3 Month5.81%
6 Month24.51%
12 Month110.99%
2 Year289.59%
3 Year143.64%
5 Year261.38%
10 Year759.02%
15 Year3496.08%
Volatility
ATR(14)2.69
ATR(20)%3.65%
ATR Inc-40.47%
Range Today1.5
ADR(20)2.6
ADR(20)%3.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.47
Mansfield1.47
10 Day High81.47
10 Day Low70.15
20 Day High85.42
20 Day Low70.15
52 Week High93.65
52 Week Low33.44
CS1 End71.38
CR1 Start78.15
Volume & EV
DER(3)2.42%
DER(5)0.96%
Volume174.40K
Volume Incr51.78%
Vol(5)678.54K
Vol(50)526.62K