RADWARE LTD (RDWR) Stock Technical Analysis
NASDAQ:RDWR - Nasdaq - IL0010834765 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to RDWR. RDWR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
RDWR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, RDWR outperforms 68% of them, which is more or less in line with the market.
RDWR is an average performer in the Software industry, it outperforms 68% of 283 stocks in the same industry.
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.
Considerably lower volume is observed in the last couple of days.
RDWR has a poor technical rating and the quality of the setup is also 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
20.96
26.10
When analyzing the support we can see 2 important areas.
- A support zone ranging from 23.92 to 24.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.17 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.39 to 25.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for RDWR is down. |
| ChartMill Relative Strength | 68.09 | NEUTRAL | RDWR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RDWR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RDWR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RDWR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.25 | NEUTRAL | The RSI value for RDWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RDWR has a positive trend. |
| Stochastics (14,3) | 37.88 | NEUTRAL | The Stochastics value for RDWR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for RDWR suggests some volalility. |
| Average Directional Index/ADX (14) | 33.95 | POSITIVE | The high ADX value value for RDWR suggests a strong trend. |
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)
24.86
+0.27 (+1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.1%
1 Week2.56%
2 Weeks0.04%
1 Month-13.05%
3 Month6.7%
6 Month8.37%
12 Month12.54%
2 Year43.87%
3 Year15.84%
5 Year-4.09%
10 Year33.58%
15 Year104.27%
Volatility
ATR(14)0.8
ATR(20)%3.83%
ATR Inc-25.81%
Range Today0.63
ADR(20)0.92
ADR(20)%3.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.09
Mansfield-0.17
10 Day High25.84
10 Day Low23.8
20 Day High29.23
20 Day Low23.8
52 Week High31.57
52 Week Low18.46
CS1 End24.73
CR1 Start25.39
Volume & EV
DER(3)-3.14%
DER(5)0.76%
Volume136.60K
Volume Incr-16.84%
Vol(5)216.90K
Vol(50)349.51K