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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Roadzen, Inc. - Ordinary Shares (NASDAQ:RDZN)
Strong Downtrend (-100) - RDZN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RDZN continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for RDZN
The long-term trend has been DOWN since May 1st, 2024 at 4.2800
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 6.1275
The short-term trend has been DOWN since Apr 29th, 2024 at 4.7600
Smart Scan Analysis for RDZN
Based on our trend formula, RDZN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.0550 | 4.1099 | 3.9800 | 4.0000 | -0.0100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.8400 | 28982 | 2024-05-07 15:56:21 |
| 52wk High | 17 | 52wk High Date | 2023-09-20 |
| 52wk Low | 2.7 | 52wk Low Date | 2023-12-05 |
| Average Volume | 22,623 | Shares Outstanding | 20,010 |
| Assets | 66,634,885M | Liabilities | 67,602,778M |
| P/E Ratio | 69.75 |