loading

Ridenow Group Inc Stock (RDNW) Forecast

The Ridenow Group Inc (RDNW) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $0.00, representing a -100.00% decrease from the current price of $5.33. The highest analyst price target is $0.00, and the lowest is $0.00.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month RDNW Price Target
Average 0.00 (-100.00% Downside)
loading

Is Ridenow Group Inc (RDNW) A Buy Now?

Oscillators
Name Value Action
RSI(14) 70.69 Sell
STOCH(9,6) 73.86 Neutral
STOCHRSI(14) 81.05 Sell
MACD(12,26) 0.4332 Buy
ADX(14) 39.11 Buy
William %R -14.63 Sell
CCI(14) 40.33 Neutral
Buy: 2 Sell: 3 Neutral: 2
Summary: Sell
Moving Averages
Period Simple Exponential
MA10
5.252
Buy
5.0816
Buy
MA20
4.469
Buy
4.7081
Buy
MA50
4.1974
Buy
4.2901
Buy
MA100
2.8251
Buy
0.00
Buy
MA200
1.4126
Buy
0.00
Buy
Buy: 10 Sell: 0 Neutral: 0
Summary: Buy
According to our latest analysis, RDNW could be considered a Strong Buy, with 17 technical analysis indicators signaling 12 Buy signals, 3 signaling Sell signals and 2 Neutral signals. This might be a good time to open fresh positions on RDNW, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 70.69 indicates that RDNW is overbought. This suggests that RDNW price has experienced a significant increase over a specified lookback period, potentially leading to a correction.
  2. STOCH (Stochastic Oscillator): The STOCH value of 73.86 indicates that RDNW is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 81.05 indicates that RDNW is oversold. This suggests that RDNW price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 39.11 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 40.33 indicates that RDNW is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.

Ridenow Group Inc Stock (RDNW) Year by Year Forecast

$50.93
price up icon 4.99%
auto_truck_dealerships VVV
$31.21
price up icon 3.38%
$153.82
price up icon 1.01%
auto_truck_dealerships ABG
$222.93
price up icon 5.68%
auto_truck_dealerships GPI
$399.27
price up icon 2.94%
auto_truck_dealerships KMX
$35.33
price up icon 5.40%
Cap:     |  Volume (24h):