$RAD Technical Analysis (Hourly)
ChartMill Insights:
The stock received a technical rating of 0 out of 10 → Poor performance in the long and medium term, while the short-term trend is neutral. It is preferred to wait for a clearer pattern to form before making a trading decision.
The long-term trend is negative, the short-term is neutral.
Technical Indicators:
RSI ≈ 46 → Neutral.
MACD is positive but declining.
ATR (Volatility) is high → High fluctuation.
The moving averages (20, 50, 200) are all declining → Giving the impression of dominant selling pressure. Approximately 97% of other stocks have outperformed RAD over the past year.
Support and Resistance Levels: Resistance zone located at $1.04–$1.05.
Chart Mill
CentralCharts – RADWORKS (similar perhaps to the tech stock RAD/USD):
On the hourly chart, the overall trend is technically strongly upward, with more than 92% of moving average signals indicating a rise.