REDWIRE CORP (RDW) Stock Technical Analysis
NYSE:RDW - New York Stock Exchange, Inc. - US75776W1036 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to RDW. Although RDW has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, RDW did better than 97% of all other stocks. On top of that, RDW also shows a nice and consistent pattern of rising prices.
RDW is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 95% of 65 stocks in the same industry.
In the last month RDW has a been trading in the 6.61 - 12.44 range, which is quite wide. It is currently trading near the high of this range.
RDW has an average volume of 1792940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RDW is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although RDW has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.57
12.30
We found 3 important support areas.
- A support zone ranging from 10.74 to 10.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.78 to 7.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.65 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.67
Mansfield1.97
10 Day High12.44
10 Day Low9.15
20 Day High12.44
20 Day Low6.61
52 Week High26.66
52 Week Low3.98
Performance
1 Week8.75%
2 Weeks20.47%
1 Month39.68%
3 Month-49.08%
6 Month56.96%
12 Month190.69%
2 Year399.18%
3 Year179.36%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.38
RSI(14)60.53
LBB8.77
UBB12.18
12.18
+1.23 (+11.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg11.23%
1 Week8.75%
2 Weeks20.47%
1 Month39.68%
3 Month-49.08%
6 Month56.96%
12 Month190.69%
2 Year399.18%
3 Year179.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.87
ATR(20)%8.66%
ATR Inc18.96%
Range Today1.47
ADR(20)0.96
ADR(20)%7.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.67
Mansfield1.97
10 Day High12.44
10 Day Low9.15
20 Day High12.44
20 Day Low6.61
52 Week High26.66
52 Week Low3.98
CS1 End10.77
CR1 StartN/A
Volume & EV
DER(3)2.85%
DER(5)1.53%
Volume1.43M
Volume Incr-43.56%
Vol(5)916.28K
Vol(50)1.79M