Get started
Redfin CorporationRedfin CorporationRedfin Corporation

Redfin Corporation

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

RDFN trade ideas

Home Run?Redfin is building strong bullish momentum, with a gap forming around the $8.00 level. A breakout above the $11.16 resistance would signal further upward movement, positioning the stock to target the $17.68 weekly resistance. This trade offers an attractive risk-to-reward ratio, with a stop-loss set at $7.65 to manage downside risk. As a leader in the digital real estate market, Redfin is well-positioned to benefit from a potential lowering of interest rates, which could drive increased activity in the housing market. With its innovative technology platform, competitive pricing model, and growing market share, Redfin remains a strong contender in the real estate industry. This combination of technical momentum and favorable macroeconomic conditions supports a bullish push toward $17.68, making RDFN an appealing opportunity for traders and investors. NASDAQ:RDFN
NASDAQ:RDFNLong
by The_Trading_Mechanic
RDFN bounce from $10.90 to $13.25MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. Bonus if a TTM Squeeze in in play. I hold until target is reached or end of year, when I can book a loss. So... Here's why I'm picking this symbol to do the thing. Price at bottom of channel (period 52 39 & 26) Stochastic Momentum Index (SMI) at oversold level TTM Squeeze is off TTM Squeeze momentum is down VBSM is turning negative Impulse MACD is down Price at near Fibonacci level 50% retrace In at $10.90 Target is $13.25 or channel top
NASDAQ:RDFNLong
by chancethepug
1
RDFN fintech small cap reverses higher LONGRDFN on the 15 minute chart has move up from a low pivot which included a mass index indicator triggering. ATH was $85 so current price is 7-8% of that ATH. I will take a long trade here. My targets are the May high pivot at $8 and the January high pivot at $10 with a stop loss at $6 to be managed as the price moves toward 8. RDFN to a certain degree is subject to rates and federal actions. I am convinced that when the time is ripe the Biden administration will pressure the " independent" fed into a rate cut which should give RDFN the momentum it needs to push toward those targets or even higher.
NASDAQ:RDFNLong
by AwesomeAvani
2
Redfin Shares Rise Amid Housing Market GrowthRedfin ( NASDAQ:RDFN ) shares are on the rise thanks to a decrease in mortgage rates and the White House’s proposed mortgage relief tax credit. The technology-driven real estate company has experienced a significant uptick in new home listings, resulting in a 13% increase nationwide and a 1.7% boost in total homes for sale. The U.S. housing market has grown by $2.4 trillion in the past year, reaching a total value of $47.5 trillion. Redfin ( NASDAQ:RDFN ) stands out by providing a wide array of home-buying and renting options, disrupting the traditional home-buying process with lower sales commissions. However, the housing sector has faced challenges from rising mortgage rates and high home prices, impacting companies like Redfin ( NASDAQ:RDFN ). Despite recent stock price increases, revenue declines and increased losses have been observed as transactions slow down. Analysts have a mixed outlook on Redfin shares ( NASDAQ:RDFN ), with a moderate sell consensus rating. Nonetheless, some see potential for growth amid the soaring real estate prices and concerns about affordability. In conclusion, Redfin’s ( NASDAQ:RDFN ) performance is shaped by market dynamics including mortgage rates, housing market value gains, and industry trends affecting real estate stocks like Redfin. Redfin Corporation ( NASDAQ:RDFN ) Stock Surges 9.10% Redfin Corporation ( NASDAQ:RDFN ) saw a significant increase in its stock performance. The company’s shares closed at $7.07, which was a $0.59 increase from the previous market close, representing a 9.10% rise in the stock price for the day. NASDAQ:RDFN is currently trading near the bottom of its 52-week range and below its 200-day simple moving average. Despite this, the stock showed strong momentum on March 8th, with investors showing confidence in the company’s potential for growth. In after-hours trading, NASDAQ:RDFN continued to see gains, with the stock rising an additional $0.11, further solidifying the positive trend seen throughout the day. Overall, NASDAQ:RDFN ’s stock performance was impressive, with the company experiencing a notable increase in its share price. Redfin Corporation (RDFN) Stock Performance Redfin Corporation ( NASDAQ:RDFN ) saw its stock performance impacted by its financial results for the past year and the fourth quarter. According to data from CNN Money, the total revenue for NASDAQ:RDFN stood at $976.67 million for the past year, with a significant decrease of 57.25% compared to the previous year. However, the total revenue remained flat at $218.08 million for the fourth quarter. NASDAQ:RDFN reported a net loss of $130.03 million for the past year, which represented an increase of 59.51% compared to the previous year. For the fourth quarter, the net loss was $22.90 million, indicating a decrease of 20.69% compared to the previous quarter. Despite the challenging financial results, NASDAQ:RDFN managed to increase its earnings per share (EPS) over the past year. The EPS was reported at -$1.16 for the past year, reflecting a 61.25% increase compared to the previous year. For the fourth quarter, the EPS was -$0.20, showing no change compared to the previous quarter. Overall, NASDAQ:RDFN ’s stock performance was likely influenced by the mixed financial results. While the company saw a significant decrease in total revenue, it managed to increase its net income and EPS over the past year. Investors may be closely monitoring NASDAQ:RDFN ’s financial performance and evaluating the company’s strategies for future growth and profitability.
NASDAQ:RDFNLong
by DEXWireNews
RDFN fintech penny stock pre-earnings LONGOn the RDFN shows the trend up after a massive earnings beat and then the fade down into this past week. Price is presently situated at the 0.5 Fib level of the retracement of that trend up. Time is presently at the 0.38 Fib time zone extending from the trend up. The dual TF RSI shows the lines jumping over the 50 level in the past couple of days. The ADX indicator shows the ADX+ crossing over ADX- with the ADX+ now over the 20 threshold. I see RDFN as set for a pre-earnings momentum trade and will also take call options for the Feb 16 expiration the day after the report ( Striking $8 & 8.5). Of interest, a rate cut may be getting baked into RDFN.
NASDAQ:RDFNLong
by AwesomeAvani
Pullback Buy in RDFNRDFN is a stock we bought in my Alpha Stocks service on June 27 when it broke out above resistance at 11.50. It rallied 50% over the next three weeks but has now pulled back to a level where I would consider adding to or taking a new position. Redfin is a powerful stock, but it also has a history of 15-20% pullbacks throughout its up moves. As of Friday morning, the stock is 20% off its high with support at the 21-day exponential moving average which has contained this surge thus far. Traders may consider buying here with a stop loss near $13.
NASDAQ:RDFNLong
by rossgivens
1
RDFN | Good Entry Point | RedfinRedfin Corporation operates as a residential real estate brokerage company in the United States and Canada. The company operates an online real estate marketplace and provides real estate services, including assisting individuals in the purchase or sell of home. It also provides title and settlement services; originates and sells mortgages; and buys and sells homes. The company was formerly known as Appliance Computing Inc. and changed its name to Redfin Corporation in May 2006. Redfin Corporation was incorporated in 2002 and is headquartered in Seattle, Washington.
NASDAQ:RDFNLong
by DivergenceSeeker