|
Rediff.com India (REDF) |
2010-07-30 4:58:41 PM |
|
|
Overall |
  |
|
Our rating system posted a SELL today, downgraded from higher rating. The market seems to be ready for a new bearish move. So you may continue to hold short positions or sell your long positions. You are relatively safe to short or sell now, downward move is expected. |
|
Target
|
Six months: 2.51
One year: 2.84 |
|
Support
|
Support1: 1.69
Support2: 1.41 |
|
Resistance
|
Resistance1:
2.15 Resistance2: 2.43 |
|
Pivot
|
1.85 |
|
Moving Averages
|
MA(5): 1.91
MA(20): 1.86
MA(100): 2.33
MA(250): 2.72 |
|
MACD
|
MACD(12,26):
-0.04 Signal(12,26,9): -0.06  |
|
Stochastic Oscillator
|
%K(14,3): 61.11
%D(3): 74.07 |
|
RSI
|
RSI(14): 42.28
|
|
52-Week |
High: 3.99
Low: 1.69 Change(%): -47.6 |
|
Average Volume(K) |
3-Month: 37
10-Days 49 |
|
Price and moving averages |
|
Price and moving averages has closed below its Short term moving average. Short term moving average is currently below mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BEARISH in short-term; and BEARISH in mid-long term. |
|
Bollinger Bands |
|
REDF has closed above bottom band by 31.7%. Bollinger Bands are 19.4% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices. |
|
★
Strong Sell
★★
Sell ★★★
Neutral
★★★★
Buy
★★★★★
Strong Buy |
|
|
|
Headline News |
|
|
US
