Technical Analysis for RDDT - Reddit, Inc.

Grade Last Price % Change Price Change
B 45.88 3.24% 1.44
RDDT closed up 3.24 percent on Wednesday, May 1, 2024, on 25 percent of normal volume.
Earnings due: May 7
*** please verify all earnings dates ***
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A N/A Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish -0.86%
Lizard Bearish Bearish Day Trade Setup -0.86%
Doji - Bearish? Reversal -0.86%
Crossed Above 20 DMA Bullish 0.99%
Hot IPO Pullback Bullish Swing Setup 8.08%
Narrow Range Bar Range Contraction 8.08%
Gapped Down Weakness 8.08%
NR7 Range Contraction 6.33%
Narrow Range Bar Range Contraction 6.33%
Inside Day Range Contraction 6.33%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 7 hours ago
Rose Above Previous Day's High about 11 hours ago
Rose Above Upper Bollinger Band about 11 hours ago
Up 5% about 11 hours ago
Up 3% about 12 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 74.9
52 Week Low 37.35
Average Volume 6,361,009
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 43.44
10-Day Moving Average 43.51
Average True Range 4.05
RSI (14) 50.74
ADX 9.3
+DI 32.12
-DI 21.65
Chandelier Exit (Long, 3 ATRs) 39.21
Chandelier Exit (Short, 3 ATRs) 49.49
Upper Bollinger Bands 48.00
Lower Bollinger Band 38.88
Percent B (%b) 0.77
BandWidth 20.98
MACD Line -1.88
MACD Signal Line -2.58
MACD Histogram 0.6991
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 50.53
Resistance 3 (R3) 50.62 49.16 49.76
Resistance 2 (R2) 49.16 47.98 49.12 49.50
Resistance 1 (R1) 47.52 47.24 48.34 47.43 49.24
Pivot Point 46.06 46.06 46.47 46.02 46.06
Support 1 (S1) 44.42 44.88 45.24 44.33 42.52
Support 2 (S2) 42.96 44.14 42.92 42.26
Support 3 (S3) 41.32 42.96 42.01
Support 4 (S4) 41.23