Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, January 2, 2025.
Reddit, Inc. Class A (NYSE:RDDT)
Countertrend Up (+85) - RDDT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid RDDT?
MarketClub looks at technical strength and momentum to determine if the timing is right for RDDT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for RDDT
The long-term trend has been UP since Jul 2nd, 2024 at 69.59
The intermediate-term trend has been UP since Aug 26th, 2024 at 59.68
The short-term trend has been DOWN since Dec 30th, 2024 at 167.80
Smart Scan Analysis for RDDT
Based on our trend formula, RDDT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 164.2500 | 168.4999 | 156.0357 | 166.5000 | +3.0600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 163.4400 | 3450749 | 2025-01-02 15:30:51 |
| 52wk High | 182.2 | 52wk High Date | 2024-12-26 |
| 52wk Low | 37.35 | 52wk Low Date | 2024-04-18 |
| Average Volume | 6,265,714 | Shares Outstanding | 94,956 |
| Assets | 217,170,800M | Liabilities | 194,100,000M |