USA - NYSE:RDW - US75776W1036 - Common Stock
Overall RDW gets a technical rating of 0 out of 10. RDW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of RDW is bad and it also does not present a quality setup 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.
5.36
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 | DOWN | NEGATIVE | The long term trend for RDW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RDW is down. |
| ChartMill Relative Strength | 5.59 | NEGATIVE | RDW has a low relative strength, it was outperformed by 94.41% off all stocks 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) | DOWN | NEGATIVE | The current price of RDW is below a declining 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) | 29.92 | OVERSOLD | The low RSI value suggests RDW may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests RDW has a negative trend. |
| Stochastics (14,3) | 4.44 | OVERSOLD | The low Stochastics value suggests RDW may be oversold. |
| Average True Range in percent/ATR (20) | 9.86 | HIGH VOLATILITY | The high ATR as a percentage value for RDW suggests high volalility. |
| Average Directional Index/ADX (14) | 25.04 | POSITIVE | The high ADX value value for RDW suggests a strong trend. |
5.41
-0.15 (-2.7%)
ChartMill assigns a technical rating of 0 / 10 to RDW.
The current trend direction for REDWIRE CORP (RDW) is Bearish.
REDWIRE CORP (RDW) has an RSI value of 29.9218. This indicates that the stock is currently oversold.
The MACD indicator for REDWIRE CORP (RDW) has a value of -0.150358, indicating a bearish trend.
The short term momentum for REDWIRE CORP (RDW) is negative.