RDDT Weekly Technical Analysis
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RDDT Technical Analysis Summary
The weekly chart illustrates a classic parabolic blow-off top, where a massive rally has been followed by a severe and damaging correction. The price has broken key structural supports and is currently trading well below a flattening 50-week SMA. While a short-term oversold bounce is attempting to form, the broader technical picture remains heavily bearish, requiring significant basing action before a new sustainable uptrend can be considered.
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RDDT Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in a steep, multi-week downtrend with strong negative momentum shown by the MACD histogram. The current green candle appears to be a weak oversold bounce after breaking below the lower Bollinger Band.
Long-term Sentiment (weeks to months): Bearish
The long-term parabolic uptrend has been severely broken. Price has lost the 50-week SMA, and the market structure has shifted to lower highs and significantly lower lows.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-21T18:36:48.713Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $140.00 | $135.00 - $145.00 | Weak | Immediate support based on the low of the most recent weekly candlestick. |
| $107.50 | $100.00 - $115.00 | Strong | Major prior consolidation zone before the parabolic breakout. |
| $70.00 | $60.00 - $80.00 | Strong | Historical base level and structural support from early price action. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $175.00 | $170.00 - $180.00 | Strong | Confluence of the descending 50-week SMA and prior broken structural support. |
| $205.00 | $200.00 - $210.00 | Strong | Psychological round number and recent consolidation area during the breakdown. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Parabolic Blow-off Top | Bearish | N/A | A massive, vertical run-up in price followed by a sharp, sustained crash, breaking major moving averages and trendlines. |
| Weak | Oversold Bounce | Neutral | $175.00 | Price is attempting to bounce after falling significantly outside the lower Bollinger Band, with RSI hooking up from near the 30 level. |
Frequently Asked Questions about RDDT
What is the current sentiment for RDDT?
The short-term sentiment for RDDT is currently Bearish because Price is in a steep, multi-week downtrend with strong negative momentum shown by the MACD histogram. The current green candle appears to be a weak oversold bounce after breaking below the lower Bollinger Band.. The long-term trend is classified as Bearish.
What are the key support levels for RDDT?
StockDips.AI has identified key support levels for RDDT at $140.00 and $107.50. These levels may represent potential accumulation zones where buying interest could emerge.
Is RDDT in a significant dip or a Value Dip right now?
RDDT has a Value Score of 33/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.