RADA ELECTRONIC INDS LTD (RADA) Stock Technical Analysis
USA - NASDAQ:RADA - IL0010826506 - Common Stock
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.
RADA has a poor technical rating and the quality of the setup is also not perfect 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
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.
When analyzing the resistance we notice 4 important areas.
- 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.
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. |
9.87
-0.04 (-0.4%)
RADA ELECTRONIC INDS LTD / RADA FAQ
Can you provide the ChartMill technical rating for RADA ELECTRONIC INDS LTD?
ChartMill assigns a technical rating of 1 / 10 to RADA.
What is the current trend direction of RADA ELECTRONIC INDS LTD (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.
What is the short term momentum for RADA stock?
The short term momentum for RADA ELECTRONIC INDS LTD (RADA) is negative.
Can you provide the buy/sell signal for RADA ELECTRONIC INDS LTD?
The buy/sell signal for RADA ELECTRONIC INDS LTD (RADA) is sell as both the short term and long term trends are negative.