USA - NASDAQ:RDWR - IL0010834765 - Common Stock
Overall RDWR gets a technical rating of 3 out of 10. 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.
Although the technical rating is bad, RDWR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 26.08, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
21.58
We found 4 important support areas.
2 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The short term trend for RDWR is neutral. |
ChartMill Relative Strength | 54.77 | 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 | 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) | 51.27 | NEUTRAL | The RSI value for RDWR is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests RDWR has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 26.2 | NEUTRAL | The Stochastics value for RDWR is a neutral value. |
Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for RDWR suggests some volalility. |
Average Directional Index/ADX (14) | 16.1 | NEGATIVE | The low ADX value for RDWR suggests a weak or negative trend. |
26.28
+0.65 (+2.54%)