Technical Analysis for RDNT - RadNet, Inc.

Grade Last Price % Change Price Change
grade B 14.72 -0.41% -0.06
RDNT closed down 0.41 percent on Wednesday, October 16, 2019, on 48 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. 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.

Earnings due: Nov 7

*** please verify all earnings dates ***

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical RDNT trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
MACD Bullish Centerline Cross Bullish 0.00%
Cup with Handle Other 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
NR7 Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%
Stochastic Reached Overbought Strength 0.00%
BB Squeeze Started Range Contraction 0.00%
Overbought Stochastic Strength 0.00%

Older signals for RDNT ...

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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 Diagnostic Imaging Medical Physics Radiation Therapy 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
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 16.4
52 Week Low 9.97
Average Volume 221,970
200-Day Moving Average 13.5617
50-Day Moving Average 14.5773
20-Day Moving Average 14.4723
10-Day Moving Average 14.4755
Average True Range 0.4177
ADX 12.45
+DI 25.3373
-DI 15.9943
Chandelier Exit (Long, 3 ATRs ) 14.0169
Chandelier Exit (Short, 3 ATRs ) 14.7131
Upper Bollinger Band 15.0606
Lower Bollinger Band 13.884
Percent B (%b) 0.71
BandWidth 8.130014
MACD Line 0.0077
MACD Signal Line -0.0335
MACD Histogram 0.0412
Fundamentals Value
Market Cap 695.76 Million
Num Shares 47.3 Million
EPS 0.19
Price-to-Earnings (P/E) Ratio 77.47
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) 15.05
Resistance 3 (R3) 15.07 14.99 14.99
Resistance 2 (R2) 14.99 14.91 14.98 14.97
Resistance 1 (R1) 14.86 14.86 14.82 14.83 14.96
Pivot Point 14.77 14.77 14.75 14.76 14.77
Support 1 (S1) 14.64 14.69 14.60 14.61 14.48
Support 2 (S2) 14.56 14.64 14.54 14.47
Support 3 (S3) 14.42 14.56 14.45
Support 4 (S4) 14.39