RADWARE LTD (RDWR) Technical Analysis
NASDAQ:RDWR • IL0010834765
Current stock price
RDWR Technical Rating and Analysis
Overall RDWR gets a technical rating of 6 out of 10. RDWR has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- RDWR is one of the better performing stocks in the Software industry, it outperforms 83% of 272 stocks in the same industry.
- When comparing the performance of all stocks over the past year, RDWR turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
- RDWR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RDWR is lagging the market.
- In the last month RDWR has a been trading in the 23.24 - 28.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RDWR Weekly and Daily overview Charts
RDWR Setup Rating and Analysis
RDWR has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
RDWR Support and Resistance Analysis
21.52
4 important support areas can be observed.
- A support zone ranging from 25.28 to 25.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.24 from a horizontal line in the daily time frame.
- A support zone ranging from 23.01 to 23.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.74 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.12 to 27.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
RDWR Technical Indicator Signal Analysis
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 | 61.72 | 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) | UP | POSITIVE | The current price of RDWR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RDWR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.5 | NEUTRAL | The RSI value for RDWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests RDWR has a positive trend. |
| Stochastics (14,3) | 60.01 | NEUTRAL | The Stochastics value for RDWR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for RDWR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.42 | NEGATIVE | The low ADX value for RDWR suggests a weak or negative trend. |
RDWR Chart- and CandleStick Pattern Analysis
RDWR Technicals: Chart, Performance Metrics, Trend & Indicators
26.81
+0.03 (+0.11%)
RADWARE LTD / RDWR TA FAQ
What is the technical rating for RDWR stock?
ChartMill assigns a technical rating of 6 / 10 to RDWR.
What is the current trend direction of RADWARE LTD (RDWR) stock?
The current trend direction for RADWARE LTD (RDWR) is Bearish.
What is the RSI signal for RDWR stock?
RADWARE LTD (RDWR) has an RSI value of 56.4985. 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 0.0459706, indicating a bearish trend.
What is the short term momentum for RDWR stock?
The short term momentum for RADWARE LTD (RDWR) is positive.