ROADZEN INC (RDZN)

VGG7606H1082 - Common Stock

1.54  +0.18 (+13.24%)

Technical Rating and Analysis

3

Overall RDZN gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. RDZN was also a bad performer in the overall market in the last year.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
91% of all other stocks performed better in the past year than RDZN.
RDZN is one of the lesser performing stocks in the Software industry. 84% of 278 stocks in the same industry do better.
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 0.76 - 2.87 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.
Weekly and Daily overview Charts
RDZN Weekly chart
RDZN Daily chart
Setup Rating and Analysis

3

The technical rating of RDZN is bad and it also does not present a 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

1.23

2.69

2 important support areas can be observed.

  • A support zone ranging from 1.35 to 1.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.24 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • Resistance @2.48 from a trend line in the daily time frame.
  • Resistance @2.58 from a trend line in the daily time frame.
  • Resistance @2.66 from a horizontal line in the daily time frame.
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
CRS9.11
Mansfield-6.39
10 Day High2.87
10 Day Low1.18
20 Day High2.87
20 Day Low0.76
52 Week High7.17
52 Week Low0.71
Performance
1 Week-47.69%
2 Weeks4.62%
1 Month70%
3 Month2.26%
6 Month-12.26%
12 Month-67.62%
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)-0.01
RSI(14)49.96
LBB0.65
UBB2.46
RDZN Daily chart

ROADZEN INC

NASDAQ:RDZN (12/18/2024, 11:25:17 AM)

1.54

+0.18 (+13.24%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg13.24%
1 Week-47.69%
2 Weeks4.62%
1 Month70%
3 Month2.26%
6 Month-12.26%
12 Month-67.62%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.45
ATR(20)%25.44%
ATR Inc
Range Today0.29
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.87
10 Day Low1.18
20 Day High2.87
20 Day Low0.76
52 Week High7.17
52 Week Low0.71
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume906.98K
Volume Incr185.04%
Vol(5)1.19M
Vol(50)330.60K