Technical Analysis for RDDT - Reddit, Inc.

Grade Last Price % Change Price Change
F 56.87 -1.03% -0.59
RDDT closed down 1.03 percent on Tuesday, September 10, 2024, on 72 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Down

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Inside Day Range Contraction 0.00%
20 DMA Support Bullish -1.03%
Pocket Pivot Bullish Swing Setup -1.03%
Doji - Bullish? Reversal -1.03%
Shooting Star Candlestick Bearish 0.04%
Lizard Bearish Bearish Day Trade Setup 0.04%
20 DMA Support Bullish 0.04%
Doji - Bearish? Reversal 0.04%
Doji - Bullish? Reversal 0.04%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 20 hours ago
Down 3% about 21 hours ago
60 Minute Opening Range Breakdown about 22 hours ago
10 DMA Resistance about 22 hours ago
Down 2 % about 24 hours 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 78.08
52 Week Low 37.35
Average Volume 3,619,660
200-Day Moving Average 0.00
50-Day Moving Average 61.29
20-Day Moving Average 57.00
10-Day Moving Average 57.99
Average True Range 3.35
RSI (14) 47.09
ADX 9.22
+DI 18.10
-DI 17.45
Chandelier Exit (Long, 3 ATRs) 50.37
Chandelier Exit (Short, 3 ATRs) 60.84
Upper Bollinger Bands 60.44
Lower Bollinger Band 53.56
Percent B (%b) 0.48
BandWidth 12.06
MACD Line -0.37
MACD Signal Line -0.59
MACD Histogram 0.2236
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 60.46
Resistance 3 (R3) 60.39 59.13 59.86
Resistance 2 (R2) 59.13 58.22 59.16 59.66
Resistance 1 (R1) 58.00 57.65 57.37 58.07 59.46
Pivot Point 56.74 56.74 56.43 56.77 56.74
Support 1 (S1) 55.61 55.83 54.98 55.68 54.28
Support 2 (S2) 54.35 55.26 54.38 54.08
Support 3 (S3) 53.22 54.35 53.88
Support 4 (S4) 53.29