Radian Technical Analysis (NYSE:RDN)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. Just by looking at the Radian stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the RDN stock chart which creates a trading signal.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Radian. Technical analysis uses an approach for Radian stock analysis that does not care for the fair value of a company but uses price and volume data only.
Radian Moving Average
Moving averages show the RDN stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Radian are mostly signals of long term trends and will help long term traders.
Radian Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Radian. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the lower band in the context of Radian bollinger bands.
Radian Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Radian MACD line is below the signal line.
Radian Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of RDN stock is 21.95.