RADWARE LTD (RDWR) Technical Analysis
NASDAQ:RDWR • IL0010834765
Current stock price
25.74 USD
-1.3 (-4.81%)
At close:
25.74 USD
0 (0%)
After Hours:
RDWR Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to RDWR. Although RDWR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- RDWR is one of the better performing stocks in the Software industry, it outperforms 86% of 279 stocks in the same industry.
- Looking at the yearly performance, RDWR did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- 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 22.95 - 27.73 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
Although RDWR has an excellent technical rating, it does not offer a high 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.
More info and screens
RDWR Support and Resistance Analysis
21.52
28.20
We found 5 important support areas.
- A support zone ranging from 24.87 to 25.26. 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.
- Support @22.77 from a trend line in the weekly time frame.
- A support zone ranging from 22.11 to 22.34. 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 27.37 to 27.92. 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 | 75.86 | POSITIVE | RDWR has a high relative strength, it outperformed 75.86% off all stocks 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) | UP | POSITIVE | The current price of RDWR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.84 | NEUTRAL | The RSI value for RDWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests RDWR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.47 | NEUTRAL | The Stochastics value for RDWR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for RDWR suggests some volalility. |
| Average Directional Index/ADX (14) | 17.76 | NEGATIVE | The low ADX value for RDWR suggests a weak or negative trend. |
RDWR Chart- and CandleStick Pattern Analysis
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)
RDWR Technicals: Chart, Performance Metrics, Trend & Indicators
25.74
-1.3 (-4.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-4.81%
1 Week2.06%
2 Weeks2.63%
1 Month11.19%
3 Month5.62%
6 Month-4.31%
12 Month17.11%
2 Year37.5%
3 Year19.5%
5 Year-1.3%
10 Year117.58%
15 Year45.26%
Volatility
ATR(14)0.96
ATR(20)%3.63%
ATR Inc22.84%
Range Today1.16
ADR(20)0.91
ADR(20)%3.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.86
3 months CRS83.48
6 months CRS45.16
Mansfield0.42
10 Day High27.73
10 Day Low24.85
20 Day High27.73
20 Day Low22.95
52 Week High31.57
52 Week Low18.46
CS1 End25.26
CR1 Start27.37
Volume & EV
DER(3)-1.38%
DER(5)0.41%
Volume243.10K
Volume Incr22.14%
Vol(5)386.70K
Vol(50)307.15K
RADWARE LTD / RDWR TA FAQ
What is the technical rating for RDWR stock?
ChartMill assigns a technical rating of 8 / 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 52.8413. 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.