Stock Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
Redfin Corp (NASDAQ:RDFN)
Sidelines Mode (-55) - RDFN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RDFN?
MarketClub looks at technical strength and momentum to determine if the timing is right for RDFN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RDFN
The long-term trend has been DOWN since May 6th, 2021 at 58.09
The intermediate-term trend has been UP since Jun 3rd, 2021 at 59.72
The short-term trend has been DOWN since Jun 15th, 2021 at 58.51
Smart Scan Analysis for RDFN
Based on our trend formula, RDFN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||31.5||Year High Date||2018-01-02|
|Year Low||13.5||Year Low Date||2018-11-09|
|52wk High||98.445||52wk High Date||2021-02-22|
|52wk Low||34.25||52wk Low Date||2020-06-18|
|Average Volume||1,276,670||Shares Outstanding||104,042|