ROADZEN INC (RDZN) Stock Technical Analysis
NASDAQ:RDZN - Nasdaq - VGG7606H1082 - Common Stock
Taking everything into account, RDZN scores 4 out of 10 in our technical rating. RDZN 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
RDZN 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 RDZN has a been trading in the 1.32 - 2.99 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that RDZN is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
RDZN is part of the Software industry. There are 285 other stocks in this industry, RDZN did better than 52% of them.
Considerably lower volume is observed in the last couple of days.
RDZN has an average technical rating and the quality of the presented setup is also not ideal 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
1.50
2.69
2 important support areas can be observed.
- A support zone ranging from 1.72 to 1.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.52 to 1.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- Resistance @2.17 from a trend line in the weekly time frame.
- Resistance @2.39 from a trend line in the daily time frame.
- Resistance @2.52 from a trend line in the daily time frame.
- Resistance @2.66 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.06
Mansfield-4.91
10 Day High2.55
10 Day Low1.32
20 Day High2.99
20 Day Low1.32
52 Week High7.17
52 Week Low0.71
Performance
1 Week18.62%
2 Weeks-30.92%
1 Month13.16%
3 Month93.61%
6 Month2.99%
12 Month-67.55%
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)-0.09
RSI(14)48.45
LBB1.17
UBB2.62
ROADZEN INC
NASDAQ:RDZN (1/22/2025, 10:34:43 AM)
1.8797
+0.16 (+9.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg9.28%
1 Week18.62%
2 Weeks-30.92%
1 Month13.16%
3 Month93.61%
6 Month2.99%
12 Month-67.55%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%22.83%
ATR Inc-29.4%
Range Today0.18
ADR(20)0.39
ADR(20)%20.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.06
Mansfield-4.91
10 Day High2.55
10 Day Low1.32
20 Day High2.99
20 Day Low1.32
52 Week High7.17
52 Week Low0.71
CS1 End1.55
CR1 Start2.17
Volume & EV
DER(3)-5.45%
DER(5)-6.83%
Volume92.67K
Volume Incr-78.73%
Vol(5)223.40K
Vol(50)638.80K