Stock Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
REDIFF.COM INDIA SP/ADR (NASDAQ:REDFY)
Sidelines Mode (+50) - REDFY is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until REDFY can gain momentum.
Is it time to buy, sell, or avoid REDFY?
MarketClub looks at technical strength and momentum to determine if the timing is right for REDFY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for REDFY
The long-term trend has been DOWN since Jul 19th, 2021 at 0.11
The intermediate-term trend has been UP since Oct 25th, 2021 at 0.12
The short-term trend has been UP since Oct 25th, 2021 at 0.12
Smart Scan Analysis for REDFY
Based on our trend formula, REDFY is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.309||Year High Date||2018-03-05|
|Year Low||0.0273||Year Low Date||2018-11-26|
|52wk High||0.455||52wk High Date||2021-02-16|
|52wk Low||0.0001||52wk Low Date||2021-10-21|
|Average Volume||9,340||Shares Outstanding||25,590|