RADIUS RECYCLING INC (RDUS) Stock Technical Analysis
NASDAQ:RDUS - Nasdaq - US8068821060 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to RDUS. RDUS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture 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.
When comparing the yearly performance of all stocks, RDUS is a bad performer in the overall market: 94% of all stocks are doing better.
RDUS is part of the Metals & Mining industry. There are 151 other stocks in this industry, of which 92% are performing better than RDUS.
RDUS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month RDUS has a been trading in the 11.48 - 13.56 range, which is quite wide. It is currently trading near the high of this range.
RDUS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.53. Right above this resistance zone may be a good entry point.
More info and screens
11.76
17.39
We found 3 important support areas.
- Support @13.09 from a trend line in the daily time frame.
- A support zone ranging from 12.55 to 12.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 11.88 to 12.00. 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 13.53 to 13.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @17.22 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
CRS6.4
Mansfield-2.69
10 Day High13.56
10 Day Low12.15
20 Day High13.56
20 Day Low11.48
52 Week High24.42
52 Week Low10.57
Performance
1 Week6.04%
2 Weeks5.02%
1 Month2.25%
3 Month-34.83%
6 Month-12.43%
12 Month-45.06%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
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)0.22
RSI(14)51.35
LBB11.69
UBB13.6
13.17
+0.1 (+0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.77%
1 Week6.04%
2 Weeks5.02%
1 Month2.25%
3 Month-34.83%
6 Month-12.43%
12 Month-45.06%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%4.92%
ATR Inc5.42%
Range Today0.58
ADR(20)0.61
ADR(20)%4.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.4
Mansfield-2.69
10 Day High13.56
10 Day Low12.15
20 Day High13.56
20 Day Low11.48
52 Week High24.42
52 Week Low10.57
CS1 End13.09
CR1 Start13.53
Volume & EV
DER(3)2.06%
DER(5)0.95%
Volume286.00K
Volume Incr5.19%
Vol(5)239.34K
Vol(50)262.79K