Taking everything into account, RDWR scores 3 out of 10 in our technical rating. In the past year, RDWR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
RDWR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.00, a Stop Loss order could be placed below this zone.
More info and screens
21.52
When analyzing the support we can see 2 important areas.
- A support zone ranging from 23.70 to 24.00. 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 21.74 to 22.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 24.29 to 24.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @27.56 from a horizontal line in the daily time frame.
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 RDWR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RDWR is up. |
| ChartMill Relative Strength | 32.43 | NEUTRAL | RDWR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RDWR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RDWR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RDWR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.67 | NEUTRAL | The RSI value for RDWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests RDWR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.51 | NEUTRAL | The Stochastics value for RDWR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for RDWR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.98 | NEGATIVE | The low ADX value for RDWR suggests a weak or negative trend. |
24.28
-0.01 (-0.04%)
RADWARE LTD / RDWR FAQ
What is the technical rating for RDWR stock?
ChartMill assigns a technical rating of 3 / 10 to RDWR.
What is the trend direction for RDWR stock?
The current trend direction for RADWARE LTD (RDWR) is Bearish.
Can you provide the RSI signal for RADWARE LTD?
RADWARE LTD (RDWR) has an RSI value of 57.6654. This indicates that the stock is currently neutral.
What is the MACD signal for RDWR stock?
The MACD indicator for RADWARE LTD (RDWR) has a value of 0.122441, indicating a bearish trend.