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(RDFN) Redfin Corporation complete technical analysis [charts+indicators] | Buy/Sell Redfin Corporation | (RDFN) share price targets

Complete technical analysis of Redfin Corporation (RDFN) by charts plus indicators, forecast predictions and share price targets for Redfin Corporation (RDFN)

Redfin Corporation trades in USA in Finance sector.

10 day averaged volume of Redfin Corporation is 4640490

Date Daily Closing Price Open High Low Volume
23 Thu May 2024 6.21 6.50 6.54 6.13 0.687 times
22 Wed May 2024 6.48 6.72 6.79 6.40 1.005 times
21 Tue May 2024 6.80 7.02 7.05 6.77 0.926 times
20 Mon May 2024 7.11 7.49 7.58 7.10 0.734 times
17 Fri May 2024 7.53 7.65 7.72 7.45 0.41 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 5.9 as stoploss in an intra day buy trade for a target of 6.67. However, stock will show a bearish move below 5.9.

Share price targets for Redfin Corporation (RDFN)

Target Type Value
Downside Target 5.10
Downside Target 5.32
Downside Target 5.71
Downside Target 6.13
Upside Target 6.31
Upside Target 6.69
Upside Target 7.30
Upside Target 7.43
Upside Target 7.58
Upside Target 8.54
Upside Target 8.71
Upside Target 10.38

Intraday share price targets for Redfin Corporation (RDFN)

Target Type Value
Downside Intraday Target 5.7
Downside Intraday Target 5.19
Upside Intraday Target 7.15
Upside Intraday Target 8.09
Upside Intraday Target 6.64

Weekly technical analysis of Redfin Corporation (RDFN)

Date Weekly Closing Price Open High Low Volume
23 Thu May 2024 6.21 7.49 7.58 6.13 0.593 times
17 Fri May 2024 7.53 7.30 8.54 7.30 0.868 times
10 Fri May 2024 7.15 6.34 7.32 6.17 1.196 times
03 Fri May 2024 6.20 5.66 6.75 5.32 1.267 times
26 Fri Apr 2024 5.62 5.23 5.71 5.10 0.779 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Redfin Corporation (RDFN)

Date Monthly Closing Price Open High Low Volume
23 Thu May 2024 6.21 5.60 8.54 5.49 0.927 times
30 Tue Apr 2024 5.61 6.69 6.69 5.10 0.827 times
28 Thu Mar 2024 6.65 7.01 7.43 5.40 1.105 times
29 Thu Feb 2024 7.11 8.28 8.71 6.31 0.945 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Redfin Corporation (RDFN)

Indicator Name Indicator Value Indicator Signal
ADX 28, 35, 10 Sell
MACD 0, 0Sell
Stochastics 12Sell
CCI -138Sell
RSI 60Buy
OBV -4979800Sell
VWAP 7Sell
ADL 0Sell
ROC -12Sell
Force Index 0Sell

Price action analysis of Redfin Corporation ( (RDFN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Redfin Corporation ( (RDFN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Redfin Corporation ( (RDFN) ) based on a short to mid term time period is

Price action analysis of Redfin Corporation ( (RDFN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Redfin Corporation stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Redfin Corporation in short term but the sell signal is initial and weak.

Redfin Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Redfin Corporation in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Redfin Corporation is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.38 and Redfin Corporation (RDFN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Redfin Corporation (RDFN) stock. Volume based technical analysis of Redfin Corporation (RDFN) stock is negative.

Redfin Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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