RadNet Technical Analysis (NASDAQ:RDNT)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. When a chart pattern that can predict future RadNet stock price movements is formed, the RDNT stock chart can become a key tool for a technical analyst.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for RadNet. Technical analysis uses an approach for RadNet stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
RadNet Moving Average:
Moving averages show the RDNT stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A key factor that impacts moving averages is the lag factor. The 20 day moving average of $10.75 is below the price of $11.1.
RadNet Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the RDNT stock. RadNet bollinger bands show that the stock price is $11.1, upper band is 9.97, lower band is 6.56, and the average is 8.27.
RadNet Moving Average Convergence Divergence or MACD:
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The RadNet MACD line is below the signal line.
RadNet Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 65.12 is the RSI value of RDNT stock. .