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Stock Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
RadNet, Inc. (NASDAQ:RDNT)
Long-Term Uptrend (+90) - RDNT is in a strong uptrend that is likely to continue. While RDNT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RDNT?
MarketClub looks at technical strength and momentum to determine if the timing is right for RDNT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RDNT
The long-term trend has been UP since Dec 1st, 2023 at 33.80
The intermediate-term trend has been UP since Nov 14th, 2023 at 29.99
The short-term trend has been UP since Nov 14th, 2023 at 29.99
Smart Scan Analysis for RDNT
Based on our trend formula, RDNT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 36.66 | 36.69 | 35.97 | 36.20 | +0.18 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.22 | 322793 | 2023-12-08 15:58:57 |
| Year High | 16.54 | Year High Date | 2018-10-09 |
| Year Low | 9.65 | Year Low Date | 2018-02-09 |
| 52wk High | 36.73 | 52wk High Date | 2023-12-07 |
| 52wk Low | 17.82 | 52wk Low Date | 2023-01-06 |
| Year End Close | 2.53 | Average Volume | 434,955 |
| Shares Outstanding | 67,895 | Short Interest | 751,382 |
| % Institutional | 40.1 | Market Cap | 727M |
| Assets | 270,529,000M | Liabilities | 211,213,100M |
| P/E Ratio | 170.2353 | Beta | 2.31 |
| Volatility | 51.17 |