Redfin (RDFN, $5.68) Aroon Indicator entered a Downtrend on May 01, 2024.

A.I.dvisor
at Tickeron.com
05/02/24
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RDFN - Redfin Corp
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $5.68
Daily change: +$0.07 (+1.16%)
Daily volume: 5.5M
Capitalization: $678M
Industry: Real Estate Development
For the last three days, A.I.dvisor has detected that RDFN's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for RDFN, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 226 similar cases, of which were successful. Based on this data, the odds of success are
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RDFNDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a provider of real estate brokerage services

Industry RealEstateDevelopment

Profile
Fundamentals
Details
Industry
Real Estate Development
Address
1099 Stewart Street
Phone
+1 206 576-8610
Employees
4693
Web
https://www.redfin.com