Technical Analysis for RDNT - RadNet, Inc.

Grade Last Price % Change Price Change
A 53.57 5.81% 2.94
RDNT closed up 5.81 percent on Thursday, May 9, 2024, on 1.41 times normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
New 52 Week Closing High Bullish 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Reversal New Highs Setup Bullish Swing Setup 0.00%
Wide Range Bar Range Expansion 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Multiple of Ten Bullish Other 0.00%
Outside Day Range Expansion 0.00%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 8 hours ago
Up 2 ATRs about 8 hours ago
1.5x Volume Pace about 9 hours ago
Upper Bollinger Band Resistance about 9 hours ago
Gap Down Closed about 10 hours ago

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Profile

RadNet, Inc. Description

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.


Classification

Sector: Healthcare
Industry: Diagnostics & Research
Keywords: Medicine Imaging Medical Imaging X Ray Radiation Therapy Ultrasound Diagnostic Imaging Medical Physics Radiology Image Processing Magnetic Resonance Magnetic Resonance Imaging Workflow Solutions Tomography Nuclear Medicine Mammography Picture Archiving And Communication System Positron Emission Tomography Computerized Systems Diagnostic Imaging Services Physician Groups Radiology Services Teleradiology

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 53.9
52 Week Low 25.19
Average Volume 664,510
200-Day Moving Average 36.57
50-Day Moving Average 47.91
20-Day Moving Average 49.40
10-Day Moving Average 50.79
Average True Range 1.76
RSI (14) 67.74
ADX 12.95
+DI 20.68
-DI 26.75
Chandelier Exit (Long, 3 ATRs) 48.61
Chandelier Exit (Short, 3 ATRs) 51.38
Upper Bollinger Bands 53.15
Lower Bollinger Band 45.65
Percent B (%b) 1.06
BandWidth 15.19
MACD Line 1.40
MACD Signal Line 1.12
MACD Histogram 0.2809
Fundamentals Value
Market Cap 3.64 Billion
Num Shares 67.9 Million
EPS 0.06
Price-to-Earnings (P/E) Ratio 892.83
Price-to-Sales 1.62
Price-to-Book 4.14
PEG Ratio 2.32
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 62.33
Resistance 3 (R3) 61.47 57.68 60.87
Resistance 2 (R2) 57.68 55.45 58.12 60.38
Resistance 1 (R1) 55.63 54.07 56.66 56.49 59.90
Pivot Point 51.84 51.84 52.36 52.28 51.84
Support 1 (S1) 49.79 49.61 50.82 50.65 47.24
Support 2 (S2) 46.00 48.23 46.44 46.76
Support 3 (S3) 43.95 46.00 46.27
Support 4 (S4) 44.81