Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

Roadzen, Inc. - Ordinary Shares (NASDAQ:RDZN)

Bear Market Rally (-75) - RDZN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RDZN as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid RDZN?

MarketClub looks at technical strength and momentum to determine if the timing is right for RDZN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RDZN
Open High Low RDZN Price Change
2.08 2.11 1.81 1.82 -0.22
Entry Signal

MarketClub’s Trade Triangles for RDZN

long term down The long-term trend has been DOWN since May 1st, 2024 at 4.28

intermediate term up The intermediate-term trend has been UP since Jul 2nd, 2024 at 2.94

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 2.05

Smart Scan Analysis for RDZN

Based on our trend formula, RDZN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for RDZN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.08 2.11 1.81 1.82 -0.22
Prev. Close Volume Bid Ask Time
1.82 174068 2024-07-19 15:59:22
52wk High1752wk High Date2023-09-20
52wk Low1.5552wk Low Date2024-07-01
Average Volume6,335,725Shares Outstanding68,441
Assets58,136,346MLiabilities68,210,182M
P/E Ratio69.75
Get a free daily analysis and signals for Roadzen, Inc. - Ordinary Shares (RDZN) - Request Your Free Report.