Technical Analysis for RDDT - Reddit, Inc.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | N/A | N/A | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Crossed Above 20 DMA | Bullish | 0.00% | |
| Hot IPO Pullback | Bullish Swing Setup | 7.02% | |
| Narrow Range Bar | Range Contraction | 7.02% | |
| Gapped Down | Weakness | 7.02% | |
| NR7 | Range Contraction | 5.28% | |
| Narrow Range Bar | Range Contraction | 5.28% | |
| Inside Day | Range Contraction | 5.28% | |
| Wide Bands | Range Expansion | 5.28% | |
| Up 3 Days in a Row | Strength | 5.28% | |
| Narrow Range Bar | Range Contraction | 6.10% |
| Alert | Time |
|---|---|
| 60 Minute Opening Range Breakout | about 21 hours ago |
| Up 5% | about 22 hours ago |
| Rose Above 20 DMA | about 22 hours ago |
| Up 3% | about 22 hours ago |
| Up 2% | about 23 hours ago |
Free Daily (Stock) Chart Reading
- Earnings date: 05/07/2024
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
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 74.9 |
| 52 Week Low | 37.35 |
| Average Volume | 6,884,332 |
| 200-Day Moving Average | 0.00 |
| 50-Day Moving Average | 0.00 |
| 20-Day Moving Average | 43.78 |
| 10-Day Moving Average | 41.88 |
| Average True Range | 4.28 |
| RSI (14) | 50.00 |
| ADX | 6.68 |
| +DI | 31.17 |
| -DI | 22.24 |
| Chandelier Exit (Long, 3 ATRs) | 50.91 |
| Chandelier Exit (Short, 3 ATRs) | 50.20 |
| Upper Bollinger Bands | 49.34 |
| Lower Bollinger Band | 38.22 |
| Percent B (%b) | 0.65 |
| BandWidth | 25.41 |
| MACD Line | -2.86 |
| MACD Signal Line | -3.01 |
| MACD Histogram | 0.1474 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 50.75 | ||||
| Resistance 3 (R3) | 50.42 | 48.31 | 49.87 | ||
| Resistance 2 (R2) | 48.31 | 46.95 | 48.48 | 49.57 | |
| Resistance 1 (R1) | 46.87 | 46.12 | 47.59 | 47.20 | 49.27 |
| Pivot Point | 44.76 | 44.76 | 45.12 | 44.93 | 44.76 |
| Support 1 (S1) | 43.32 | 43.40 | 44.04 | 43.66 | 41.59 |
| Support 2 (S2) | 41.21 | 42.57 | 41.38 | 41.29 | |
| Support 3 (S3) | 39.77 | 41.21 | 40.99 | ||
| Support 4 (S4) | 40.11 |
