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RDDT forms Non-ADX 1,2,3,4 Bearish on August 5

Reddit, Inc. (RDDT) — Nightly Technical Analysis · Aug 5, 2026, 17:44 ET
RDDT posted a 3.06% loss on Wednesday, August 5th, accompanied by 0.7× normal trading volume. consolidation patterns formed: Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 152.12, 149.16 & 144.83, with resistance at 159.41, 163.74 & 166.7.

Current SwingTradeBot Technical Rating of RDDT: F

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