Technical Analysis for RDDT - Reddit, Inc.

Grade Last Price % Change Price Change
D 62.36 0.48% 0.30
RDDT closed up 0.48 percent on Friday, July 26, 2024, on 66 percent of normal volume. It ran into resistance at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: Aug 6
*** please verify all earnings dates ***
4 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Down Down

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Inside Day Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 50 DMA Bearish 0.48%
Stochastic Reached Oversold Weakness 0.48%
Multiple of Ten Bullish Other 0.48%
Down 3 Days in a Row Weakness 0.48%
Lower Bollinger Band Touch Weakness 0.48%
Oversold Stochastic Weakness 0.48%
50 DMA Support Bullish -0.94%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 12 hours ago
Down 1% about 16 hours ago
60 Minute Opening Range Breakdown about 16 hours ago
Up 3% about 16 hours ago
50 DMA Resistance about 17 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 3,105,192
200-Day Moving Average 0.00
50-Day Moving Average 62.94
20-Day Moving Average 68.51
10-Day Moving Average 66.26
Average True Range 4.70
RSI (14) 43.82
ADX 27.51
+DI 22.51
-DI 22.02
Chandelier Exit (Long, 3 ATRs) 63.98
Chandelier Exit (Short, 3 ATRs) 73.83
Upper Bollinger Bands 76.48
Lower Bollinger Band 60.53
Percent B (%b) 0.11
BandWidth 23.29
MACD Line 0.27
MACD Signal Line 1.60
MACD Histogram -1.334
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 67.00
Resistance 3 (R3) 67.13 65.73 66.22
Resistance 2 (R2) 65.73 64.55 65.66 65.96
Resistance 1 (R1) 64.04 63.82 63.34 63.91 65.71
Pivot Point 62.64 62.64 62.29 62.57 62.64
Support 1 (S1) 60.95 61.46 60.25 60.82 59.01
Support 2 (S2) 59.55 60.73 59.48 58.76
Support 3 (S3) 57.86 59.55 58.50
Support 4 (S4) 57.73