RADA ELECTRONIC INDS LTD (RADA) Technical Analysis
NASDAQ:RADA • IL0010826506
Current stock price
RADA Technical Rating and Analysis
Taking everything into account, RADA scores 1 out of 10 in our technical rating. RADA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- RADA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RADA is lagging the market.
- In the last month RADA has a been trading in the 9.28 - 11.76 range, which is quite wide. It is currently trading near the lows of this range.
- When compared to the yearly performance of all other stocks, RADA outperforms 59% of them, which is more or less in line with the market.
- RADA is part of the Aerospace & Defense industry. There are 79 other stocks in this industry, RADA did better than 41% of them.
RADA Weekly and Daily overview Charts
RADA Setup Rating and Analysis
RADA has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
RADA Support and Resistance Analysis
9.19
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.64 to 9.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 9.28 to 9.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 10.12 to 10.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.53 from a trend line in the weekly time frame.
- Resistance @10.91 from a trend line in the daily time frame.
- A resistance zone ranging from 11.19 to 11.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
RADA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for RADA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RADA is down. |
| ChartMill Relative Strength | 59.64 | NEUTRAL | RADA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RADA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RADA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RADA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.48 | NEUTRAL | The RSI value for RADA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests RADA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.81 | NEUTRAL | The Stochastics value for RADA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.09 | HIGH VOLATILITY | The high ATR as a percentage value for RADA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.3 | NEGATIVE | The low ADX value for RADA suggests a weak or negative trend. |
RADA Chart- and CandleStick Pattern Analysis
RADA Technicals: Chart, Performance Metrics, Trend & Indicators
9.87
-0.04 (-0.4%)
RADA ELECTRONIC INDS LTD / RADA TA FAQ
What is the ChartMill technical rating of RADA ELECTRONIC INDS LTD (RADA) stock?
ChartMill assigns a technical rating of 1 / 10 to RADA.
What is the trend direction for RADA stock?
The current trend direction for RADA ELECTRONIC INDS LTD (RADA) is Bearish.
What is the RSI signal for RADA stock?
RADA ELECTRONIC INDS LTD (RADA) has an RSI value of 44.4768. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RADA ELECTRONIC INDS LTD?
The MACD indicator for RADA ELECTRONIC INDS LTD (RADA) has a value of -0.0384007, indicating a bearish trend.
What is the short term momentum for RADA stock?
The short term momentum for RADA ELECTRONIC INDS LTD (RADA) is negative.