RDN Should I Buy
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RDN is NOT a good buy right now for an impatient investor. The stock is in a clear short-term downtrend (bearish moving-average stack and weakening MACD), hedge funds are aggressively net selling, and there are no near-term news catalysts to reverse momentum. While Wall Street price targets imply meaningful upside ($41–$45 vs $32.77) and the stock is near support (potential for a technical bounce), the current tape does not yet show a confirmed turn; the better “buy now” setup would be after reclaiming the pivot/resistance area (~$33.08–$33.55).
Trend/structure: Bearish. Moving averages are stacked negatively (SMA_200 > SMA_20 > SMA_5), indicating the price is trending below key averages. Momentum: MACD histogram is -0.0586 and negatively expanding, suggesting downside momentum is still building rather than stabilizing. RSI: RSI_6 at 31.883 is near oversold (even though labeled neutral in the feed), which can support a short-lived bounce, but is not a trend-reversal signal by itself. Levels: Pivot 33.084 is the near-term line to regain. Resistance: 33.546 (R1) then 33.832 (R2). Support: 32.622 (S1) then 32.336 (S2). At 32.77, price is hovering just above S1—this is ‘bounce territory’ but also a breakdown risk if 32.62 fails. Intellectia Proprietary Trading Signals: Intellectia Proprietary Trading Signals
with RSI_6 near oversold, which can produce a reflex rally if support holds.
Price action risk: Bearish MA stack plus expanding negative MACD indicates the downtrend is still active; support at ~32.62 is vulnerable.
Flow risk: Hedge funds are selling aggressively (selling amount up ~5387.5% QoQ per the feed), which can cap rebounds.
Fundamental headline risk: Recent YoY declines in revenue and net income can keep sentiment muted without a clear growth re-acceleration.
No near-term news tailwind: No notable news in the last week to shift sentiment immediately.
Latest reported quarter: 2025/Q3. Revenue was $303.739M (-1.70% YoY) and net income was $141.443M (-6.88% YoY), showing modest top-line softness and weaker profitability YoY. EPS rose to $1.03 (+4.04% YoY), implying per-share improvement despite lower net income (likely driven by share count/expense dynamics). Overall: mixed-to-soft growth trends in the latest quarter, with EPS resilience but weakening revenue/net income.
Recent trend: Analysts were constructive with price targets nudged higher.
