Technical Analysis for RDNT - RadNet, Inc.

Grade Last Price % Change Price Change
grade B 17.72 5.48% 0.92
RDNT closed up 5.48 percent on Friday, August 7, 2020, on 77 percent of normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical RDNT trend table...

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.00%
Earnings Movers Other 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Fell Below 200 DMA Bearish 5.48%
Stochastic Reached Overbought Strength 5.48%
Earnings Movers Other 5.48%
Inside Day Range Contraction 5.48%
Overbought Stochastic Strength 5.48%

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Profile

RadNet, Inc. provides outpatient diagnostic imaging services in the United States. The company offers various imaging services, including magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology (X-ray), fluoroscopy, and other related procedures. It also provides teleradiology services for remote interpretation of images on behalf of radiology groups, hospitals, and imaging center customers. In addition, the company develops and sells computerized systems for the imaging industry, including picture archiving communications and radiology information systems, and related workflow solutions for hospitals, teleradiology businesses, imaging centers and specialty physician groups to distribute, visualize, store, and retrieve digital images taken from various diagnostic imaging modalities. As of December 31, 2012, it operated directly or indirectly through joint ventures, 246 centers located in California, Maryland, Florida, Delaware, New Jersey, Rhode Island, and New York. The company was founded in 1985 and is headquartered in Los Angeles, California.
Medicine Health Imaging Medical Imaging Ultrasound X Ray Radiation Therapy Diagnostic Imaging Medical Physics Magnetic Resonance Imaging Image Processing Tomography Mammography Positron Emission Tomography Physician Groups Picture Archiving And Communication System Radiology

Is RDNT 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 23.45
52 Week Low 5.81
Average Volume 299,861
200-Day Moving Average 16.87
50-Day Moving Average 16.11
20-Day Moving Average 16.11
10-Day Moving Average 16.18
Average True Range 0.76
ADX 12.54
+DI 27.12
-DI 12.57
Chandelier Exit (Long, 3 ATRs ) 15.44
Chandelier Exit (Short, 3 ATRs ) 16.87
Upper Bollinger Band 17.32
Lower Bollinger Band 14.90
Percent B (%b) 1.17
BandWidth 15.01
MACD Line 0.29
MACD Signal Line 0.11
MACD Histogram 0.1848
Fundamentals Value
Market Cap 837.55 Million
Num Shares 47.3 Million
EPS 0.19
Price-to-Earnings (P/E) Ratio 93.26
Price-to-Sales 0.55
Price-to-Book 8.76
PEG Ratio 3.52
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.15
Resistance 3 (R3) 18.99 18.35 18.91
Resistance 2 (R2) 18.35 17.99 18.43 18.83
Resistance 1 (R1) 18.04 17.77 18.20 18.20 18.75
Pivot Point 17.40 17.40 17.48 17.48 17.40
Support 1 (S1) 17.09 17.04 17.25 17.25 16.69
Support 2 (S2) 16.45 16.82 16.53 16.61
Support 3 (S3) 16.14 16.45 16.53
Support 4 (S4) 16.30