Technical Analysis for RDDT - Reddit, Inc.

Grade Last Price % Change Price Change
B 63.89 0.49% 0.31
RDDT closed up 0.49 percent on Friday, June 28, 2024, on 58 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
MACD Bullish Signal Line Cross Bullish 0.00%
Doji - Bearish? Reversal 0.00%
NR7 Range Contraction 0.49%
Crossed Above 20 DMA Bullish 4.09%
180 Bullish Setup Bullish Swing Setup 4.09%
Multiple of Ten Bullish Other 4.09%
NR7 Range Contraction 13.12%
Down 3 Days in a Row Weakness 13.12%
Down 4 Days in a Row Weakness 13.12%
Down 5 Days in a Row Weakness 13.12%

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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 74.9
52 Week Low 37.35
Average Volume 3,307,764
200-Day Moving Average 0.00
50-Day Moving Average 54.87
20-Day Moving Average 60.21
10-Day Moving Average 60.52
Average True Range 4.09
RSI (14) 59.35
ADX 26.13
+DI 30.85
-DI 15.71
Chandelier Exit (Long, 3 ATRs) 57.32
Chandelier Exit (Short, 3 ATRs) 65.72
Upper Bollinger Bands 66.78
Lower Bollinger Band 53.63
Percent B (%b) 0.78
BandWidth 21.83
MACD Line 1.78
MACD Signal Line 1.73
MACD Histogram 0.0561
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 68.60
Resistance 3 (R3) 68.72 67.27 67.82
Resistance 2 (R2) 67.27 66.07 67.21 67.55
Resistance 1 (R1) 65.58 65.33 64.86 65.46 67.29
Pivot Point 64.13 64.13 63.77 64.07 64.13
Support 1 (S1) 62.44 62.93 61.72 62.32 60.49
Support 2 (S2) 60.99 62.19 60.93 60.23
Support 3 (S3) 59.30 60.99 59.97
Support 4 (S4) 59.18