RADWARE LTD (RDWR) Technical Analysis
NASDAQ:RDWR • IL0010834765
Current stock price
RDWR Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to RDWR. 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 long and short term trends are both positive. This is looking good!
- RDWR is part of the Software industry. There are 277 other stocks in this industry. RDWR outperforms 83% of them.
- 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 62% of all stocks.
- RDWR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RDWR is lagging the market slightly.
- In the last month RDWR has a been trading in the 22.02 - 27.85 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 only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 24.85, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
RDWR Support and Resistance Analysis
21.51
We found 4 important support areas.
- A support zone ranging from 24.24 to 24.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.28 from a trend line in the weekly time frame.
- Support @22.11 from a horizontal line in the weekly time frame.
- A support zone ranging from 21.73 to 21.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 27.44 to 27.93. 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 | UP | POSITIVE | The long term trend for RDWR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RDWR is up. |
| ChartMill Relative Strength | 62.01 | NEUTRAL | RDWR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RDWR is above a declining 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) | UP | MIXED | The current price of RDWR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.48 | NEUTRAL | The RSI value for RDWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests RDWR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.41 | OVERBOUGHT | The high Stochastics value suggests RDWR may be overbought. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for RDWR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.8 | 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
25.095
+0.02 (+0.06%)
RADWARE LTD / RDWR TA FAQ
What is the technical rating for RDWR stock?
ChartMill assigns a technical rating of 5 / 10 to RDWR.
What is the current trend direction of RADWARE LTD (RDWR) stock?
The current trend direction for RADWARE LTD (RDWR) is Bullish.
What is the RSI signal for RADWARE LTD (RDWR) stock?
RADWARE LTD (RDWR) has an RSI value of 53.4773. This indicates that the stock is currently neutral.
Can you provide the short term momentum for RADWARE LTD?
The short term momentum for RADWARE LTD (RDWR) is positive.
What is the buy/sell signal for RDWR stock?
The buy/sell signal for RADWARE LTD (RDWR) is buy as both the short term and long term trends are positive.