USA • New York Stock Exchange • NYSE:RDW • US75776W1036
Overall RDW gets a technical rating of 3 out of 10. RDW performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, RDW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
5.34
2 important support areas can be observed.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The long term trend for RDW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RDW is down. |
| ChartMill Relative Strength | 39.06 | NEUTRAL | RDW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RDW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RDW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RDW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.35 | NEUTRAL | The RSI value for RDW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests RDW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.14 | OVERSOLD | The low Stochastics value suggests RDW may be oversold. |
| Average True Range in percent/ATR (20) | 16.09 | HIGH VOLATILITY | The high ATR as a percentage value for RDW suggests high volalility. |
| Average Directional Index/ADX (14) | 28.53 | POSITIVE | The high ADX value value for RDW suggests a strong trend. |
10.04
+1.24 (+14.09%)
ChartMill assigns a technical rating of 3 / 10 to RDW.
The current trend direction for REDWIRE CORP (RDW) is Bearish.
REDWIRE CORP (RDW) has an RSI value of 48.3476. This indicates that the stock is currently neutral.
The MACD indicator for REDWIRE CORP (RDW) has a value of -0.43925, indicating a bearish trend.
The short term momentum for REDWIRE CORP (RDW) is negative.