NYSE:RDW • US75776W1036
Overall RDW gets a technical rating of 5 out of 10. In the last year, RDW was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, RDW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
5.34
We found 3 important support areas.
When analyzing the resistance we notice 3 important areas.
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 | NEUTRAL | NEUTRAL | The short term trend for RDW is neutral. |
| ChartMill Relative Strength | 70.71 | POSITIVE | RDW has a high relative strength, it outperformed 70.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RDW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RDW is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RDW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.59 | NEUTRAL | The RSI value for RDW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests RDW has a positive trend. |
| Stochastics (14,3) | 63 | NEUTRAL | The Stochastics value for RDW is a neutral value. |
| Average True Range in percent/ATR (20) | 8.73 | HIGH VOLATILITY | The high ATR as a percentage value for RDW suggests high volalility. |
| Average Directional Index/ADX (14) | 14.68 | NEGATIVE | The low ADX value for RDW suggests a weak or negative trend. |
9.48
+0.02 (+0.21%)
ChartMill assigns a technical rating of 5 / 10 to RDW.
The current trend direction for REDWIRE CORP (RDW) is Bearish.
REDWIRE CORP (RDW) has an RSI value of 51.5878. This indicates that the stock is currently neutral.
The MACD indicator for REDWIRE CORP (RDW) has a value of 0.116314, indicating a bearish trend.
The short term momentum for REDWIRE CORP (RDW) is neutral.