Reddit, Inc.(RDDT)
NASDAQ

Technical Analysis & Charts

$150.17
6.99 (4.89%)

Technical Analysis

CURRENT PRICE: $150.17 | PRIMARY TREND: BEARISH(Downtrend Intact)

Multi-Timeframe Context

Short-Term (Days):Weak
Medium-Term (Weeks):Bearish structure
Long-Term (Months):Requires 200d reclaim

Timeframes conflict: short-term oversold conditions create bounce probability, but medium/long-term structure remains weak. This explains contradictory signals.

Technical Context Zones

Trend Zone:Price vs 50d: $195.70 • Price vs 200d: $213.99
Decision Zone:Support: $127.70 • Resistance: $222.65

Momentum Indicators

RSI at 40.2 is neutral. The negative MACD suggests the probability of continued downside pressure, though momentum shifts can occur.

RSI (14d)
40.2 Neutral
MACD
-13.96 Bearish

Market Mechanics: Distance from 50d SMA (23.3%) shows stretched downside momentum. Mean-reversion probability rises.

Bollinger Bands – Position Context

Price trades in the upper half of the bands, increasing the probability of mean-reversion or consolidation. However, strong trends can remain extended.

Note: Bands show volatility zones, not strict buy/sell signals. Confluence with volume and momentum increases reliability.

Volume Analysis – Causal Context

Trading volume declines below 20-day average.

Institutional-Grade Market Analysis

Trend Strength (ADX)

50.0
Trending
ADX > 25 confirms strong trend. Directional strategies work best. Avoid counter-trend trades unless clear reversal signals emerge.
Strategy: Trend-following active. Use pullbacks to moving averages as entry points.

Support/Resistance Strength

Resistance: $222.65
Strong
Distance: 48.3%
Current: $150.17
Below 50d SMA
Support: $127.70
Moderate
Distance: 15.0%
Probability Zones: Closer proximity increases bounce/rejection probability. Volume confirmation required at levels.

Market Structure

Pattern: Lower Highs, Lower Lows
Downtrend structure intact. Each rally fails at lower resistance.
Last Swing High:$222.65
Last Swing Low:$127.70
Prevents RSI-Only Traps: Despite oversold RSI, downtrend structure remains valid until price reclaims 50d SMA on volume.

ADX Trend Strength - 90-Day Overlay

Threshold markers at 20 and 25 show regime changes

Current ADX: 50.0 - Trending regime: Trend-following strategies active

Market Structure - Swing High/Low Analysis

Visual confirmation of trend structure (90-day view)

Swing High: $222.65 | Swing Low: $127.70

Structure: Lower Highs, Lower Lows (Downtrend) - Each rally fails below prior resistance

Support/Resistance Probability Bands

Color intensity = strength | Distance percentages shown inline

$222.65Resistance
48.3%Strong
$203.66
35.6%
$184.67
23.0%
$165.68
10.3%
$146.69
-2.3%
$127.70Support
-15.0%Strong
Instant Insight: Closer proximity = higher bounce/rejection probability. Strong zones (darker colors) require volume confirmation to break. Current price at $150.17 shows closer to support zone - bounce probability increases.

Technical Analysis

Advanced technical indicators for RDDT3M57 data points

Bollinger Bands

Price volatility analysis with 20-period moving average and ±2σ bands

Upper
SMA-20
Lower
Price

Trading Plan & Invalidation Rules

Bullish Scenario: If RDDT holds above $147.49 on normal or rising volume, probability of continuation toward $222.65 increases.
Bearish Scenario: If RDDT breaks below $127.70 on expanding volume (confirmation required), risk shifts toward lower historical supports. Monitor 200d SMA at $213.99 as potential floor.
Invalidation Rules:
  • Bullish thesis fails if price closes below $127.70 on volume >20-day average (indicates institutional selling).
  • Bearish thesis fails if price closes above $195.70 on volume >20-day average (indicates accumulation).
  • Monitor for volume divergence: price making new highs/lows on declining volume suggests exhaustion.

Multi-Timeframe Verdict Matrix

SHORT-TERM (Days)
Weak
Neutral momentum—wait for clearer directional signals before committing.
MEDIUM-TERM (Weeks)
Bearish structure
Price below 50d SMA reflects bearish structure. Recovery requires reclaim of $195.70 on expanding volume.
LONG-TERM (Months)
Requires 200d reclaim
Below 200d SMA suggests bear market risk. Long-term investors should avoid new positions until trend improves.
📊 Unified Recommendation
For Swing Traders (Days-Weeks): Wait for directional clarity. Breakout above $222.65 or breakdown below $127.70 needed.
For Position Traders (Weeks-Months): Bearish structure—avoid new longs until price reclaims $195.70 on rising volume. Consider shorts below $127.70 with volume confirmation above 20-day average.
⚠️ Important: This analysis reflects probability-based assessments, not certainties. Markets can remain irrational longer than expected. Always use stop-losses and position sizing to manage risk. Invalidation rules are critical—if thesis breaks, exit promptly.