RADNET INC (RDNT) Stock Technical Analysis
NASDAQ:RDNT - Nasdaq - US7504911022 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to RDNT. Although RDNT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
Looking at the yearly performance, RDNT did better than 89% 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 109 other stocks in this industry. RDNT outperforms 87% of them.
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.
In the last month RDNT has a been trading in the 57.94 - 73.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
RDNT has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
59.26
67.52
We found 1 important support area.
- A support zone ranging from 59.86 to 60.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 65.95 to 66.85. 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
CRS89.78
Mansfield-0.05
10 Day High68.18
10 Day Low57.94
20 Day High73.24
20 Day Low57.94
52 Week High93.65
52 Week Low35.16
Performance
1 Week9.55%
2 Weeks-0.98%
1 Month-9.35%
3 Month-0.9%
6 Month19.15%
12 Month75.09%
2 Year213.25%
3 Year156.08%
5 Year192.16%
10 Year735.74%
15 Year2897.27%
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)0.21
RSI(14)44.57
LBB57.31
UBB72.74
RADNET INC
NASDAQ:RDNT (1/28/2025, 8:00:39 PM)
After market: 65.94 0 (0%)65.94
+2.64 (+4.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg4.17%
1 Week9.55%
2 Weeks-0.98%
1 Month-9.35%
3 Month-0.9%
6 Month19.15%
12 Month75.09%
2 Year213.25%
3 Year156.08%
5 Year192.16%
10 Year735.74%
15 Year2897.27%
Volatility
ATR(14)3.5
ATR(20)%4.82%
ATR Inc-12.28%
Range Today3.94
ADR(20)3.02
ADR(20)%4.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.78
Mansfield-0.05
10 Day High68.18
10 Day Low57.94
20 Day High73.24
20 Day Low57.94
52 Week High93.65
52 Week Low35.16
CS1 End60.34
CR1 Start65.95
Volume & EV
DER(3)1.7%
DER(5)1.58%
Volume912.10K
Volume Incr69.2%
Vol(5)1.16M
Vol(50)624.86K