Technical Analysis for RDDT - Reddit, Inc.

Grade Last Price % Change Price Change
A 141.93 4.15% 5.66
RDDT closed down 0.65 percent on Wednesday, November 20, 2024, on approximately normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong N/A Up Up

Date Alert Name Type % Chg
Inside Day Range Contraction 4.15%
Wide Bands Range Expansion 4.15%
Overbought Stochastic Strength 4.15%
New 52 Week Closing High Bullish 3.48%
Pocket Pivot Bullish Swing Setup 3.48%
Stochastic Reached Overbought Strength 3.48%
Multiple of Ten Bullish Other 3.48%
Wide Bands Range Expansion 3.48%
Overbought Stochastic Strength 3.48%
180 Bullish Setup Bullish Swing Setup 9.67%

   Recent Intraday Alerts

Alert Time
Up 1 ATR 10 minutes ago
2x Volume Pace 15 minutes ago
1.5x Volume Pace 21 minutes ago
Gapped Up (Full) 28 minutes ago
Rose Above Previous Day's High 28 minutes ago

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Profile

Reddit, Inc. Description

Reddit is an online platform that enables users to submit links, create content, and have discussions about the topics of their interest. Users can post links to content on the web and then the other users can vote the posted links up or down, causing them to appear more or less prominently on the site’s home page. The site has discussion areas where users can discuss the posted links, and vote for or against others’ comments. When there are enough votes against a given comment, it will not be displayed by default, although a reader can display it through a link or preference. Users who submit articles that other users like and subsequently ''vote up'' receive ''karma'', points that a user receives as a reward for submitting interesting articles. The posts on the site are classified under topics such as random, gadgets, sports, gaming, pics, videos, music, funny, movies, books, history, food, philosophy, television, jokes, art, and more. Reddit also includes several topical sections called subreddits, which focus on specific topics, including programming, science, and politics.


Classification

Sector: Communication Services
Industry: Internet Content & Information
Keywords: Online Platform

Is RDDT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 139.03
52 Week Low 37.35
Average Volume 5,778,939
200-Day Moving Average 0.00
50-Day Moving Average 88.35
20-Day Moving Average 116.86
10-Day Moving Average 131.48
Average True Range 7.15
RSI (14) 71.35
ADX 63.93
+DI 41.97
-DI 10.18
Chandelier Exit (Long, 3 ATRs) 117.59
Chandelier Exit (Short, 3 ATRs) 97.98
Upper Bollinger Bands 156.22
Lower Bollinger Band 77.50
Percent B (%b) 0.75
BandWidth 67.36
MACD Line 14.30
MACD Signal Line 14.24
MACD Histogram 0.0695
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 148.84
Resistance 3 (R3) 148.15 143.27 146.75
Resistance 2 (R2) 143.27 140.07 143.62 146.05
Resistance 1 (R1) 139.77 138.09 137.33 140.46 145.35
Pivot Point 134.89 134.89 133.67 135.24 134.89
Support 1 (S1) 131.39 131.69 128.95 132.08 127.19
Support 2 (S2) 126.51 129.71 126.86 126.49
Support 3 (S3) 123.01 126.51 125.80
Support 4 (S4) 123.70