RDBX stock at $1.65 after 46.36M shares on 22 Jan 2026: Watch for oversold bounce
RDBX stock closed the session on NASDAQ at $1.65 on 22 Jan 2026, trading 46,360,886 shares during a Market Closed session. The price opened higher at $2.74 then slid to a session low of $1.65, leaving a sharp intraday reversal that fits an oversold bounce pattern. Volume was 2.63x the average, and the stock sits well below its 50-day average ($6.77) and 200-day average ($5.99), signaling heavy short-term selling pressure in the United States market.
RDBX stock snapshot and price action
Redbox Entertainment Inc. (RDBX) on NASDAQ closed at $1.65 with a day high of $2.77 and a day low of $1.65. Volume was 46,360,886 versus an average of 17,654,418, showing elevated trade activity during the Market Closed session.
Year range shows a high of $19.20 and a low of $1.61, while the feed reports market cap as $0.00. The intraday reversal and heavy volume create the classic setup for an oversold bounce trade.
Technical setup for an oversold bounce on RDBX stock
Short-term technicals show the stock trading far below the 50-day and 200-day averages ($6.77 and $5.99 respectively), creating gap and mean-reversion potential. The relative volume of 2.63 and ATR of 1.12 point to high intraday volatility, which is typical in bounce attempts.
Momentum and oscillator readings in the feed are limited, so traders should watch intraday support near $1.61 and resistance near $2.77 for confirmation of a sustainable bounce.
Fundamentals and valuation signals for RDBX stock
Redbox reports EPS 2.24 and a trailing PE near 0.74, reflecting heavy non-GAAP distortions and operating losses elsewhere in the statements. Enterprise value is listed at $303,088,000.00, while free cash flow per share and operating cash flow per share are negative, indicating cash pressure despite revenue per share of 6.36.
Key ratios show a current ratio near 0.52 and debt-to-assets of 0.85, which raise short-term liquidity concerns even as gross margin sits near 60.10%.
Meyka AI rates RDBX with a score out of 100 and forecast
Meyka AI rates RDBX with a score out of 100: 59.53 | Grade: C+ | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
Meyka AI’s forecast model projects $2.73 over the next 12 months versus the current $1.65, implying an upside of +65.56%. Forecasts are model-based projections and not guarantees, and they should be weighed with the company’s negative cash flow metrics.
Catalysts, risks, and sector context for RDBX stock
Catalysts include any acceleration in digital streaming revenue, strong film distribution deals, or improvements in kiosk profitability. The Communication Services sector and Entertainment industry remain competitive, so content wins could signal upside for Redbox.
Risks include negative operating cash flow, high debt ratios, and continued low retail demand for kiosk rentals. Short interest and large intraday flows can amplify volatility; see recent short interest data at MarketBeat for context MarketBeat short interest update.
Trade plan and oversold bounce strategy for RDBX stock
A disciplined oversold bounce approach targets a mean-reversion entry after confirmation: look for a close above $2.00 on reduced volume or an intraday reversal with buying above $2.20 and stop-losses below $1.60. Position size should account for the high ATR (1.12) and elevated relative volume.
Use tight risk control and set price targets near the 50-day average ($6.77) for full-cycle traders, and shorter profit targets at prior resistance of $2.77 for swing trades.
Final Thoughts
RDBX stock closed at $1.65 on NASDAQ on 22 Jan 2026 after heavy volume of 46,360,886 shares, producing a clear oversold bounce setup in the United States market. Fundamentals show mixed signals: EPS 2.24 and a low trailing PE (0.74) coexist with negative operating cash flow per share and tight liquidity (current ratio 0.52). Meyka AI rates RDBX 59.53 (C+) — HOLD, and Meyka AI’s forecast model projects $2.73, implying +65.56% upside versus the current price. Traders looking to play an oversold bounce should wait for price confirmation above $2.00–$2.20 with lower volume on pullbacks and use stop-losses under $1.60. Remember forecasts are model-based projections and not guarantees. For short-interest context and market signals, see the MarketBeat short interest page and Redbox’s site for company updates MarketBeat short interest update Redbox official site. Meyka AI provides this AI-powered market analysis platform insight for idea generation, not investment advice.
FAQs
Is RDBX stock a buy after the intraday drop on 22 Jan 2026?
RDBX stock shows an oversold bounce setup but also weak cash flow and liquidity. Wait for confirmation above $2.00–$2.20 and use tight stops. This is a speculative trade, not a long-term buy signal.
What is Meyka AI’s price forecast for RDBX stock?
Meyka AI’s forecast model projects $2.73 over 12 months versus the current $1.65, implying about +65.56% upside. Forecasts are model-based projections and not guarantees.
How should traders size positions for an oversold bounce in RDBX stock?
Given high ATR (1.12) and elevated volume, keep small position sizes, risk no more than 1–2% of capital per trade, and place stops below $1.60. Adjust sizing to personal risk tolerance.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
