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Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Roadzen, Inc. - Ordinary Shares (NASDAQ:RDZN)
Long-Term Downtrend (-90) - RDZN is in a strong downtrend that is likely to continue. While RDZN is showing intraday strength, it remains in the confines of a bearish trend. 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 Nov 11th, 2024 at 0.8333
The short-term trend has been DOWN since Nov 5th, 2024 at 0.9600
Smart Scan Analysis for RDZN
Based on our trend formula, RDZN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.850 | 0.850 | 0.760 | 0.804 | +0.004 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.780 | 97385 | 2024-11-20 15:58:23 |
| 52wk High | 7.17 | 52wk High Date | 2024-02-02 |
| 52wk Low | 0.71 | 52wk Low Date | 2024-11-14 |
| Average Volume | 86,400 | Shares Outstanding | 68,441 |
| Assets | 29,137,567M | Liabilities | 62,926,628M |
| P/E Ratio | 69.75 |