We assign a technical rating of 4 out of 10 to RDWR. In the past year, RDWR was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
RDWR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 25.04. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for RDWR in the last couple of days, which is a good sign.
21.52
We found 5 important support areas.
We found 1 important resistance area.
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 | 60.51 | 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) | UP | MIXED | The current price of RDWR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.45 | NEUTRAL | The RSI value for RDWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RDWR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.09 | NEUTRAL | The Stochastics value for RDWR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for RDWR suggests some volalility. |
| Average Directional Index/ADX (14) | 17.04 | NEGATIVE | The low ADX value for RDWR suggests a weak or negative trend. |
25.03
+0.85 (+3.52%)
ChartMill assigns a technical rating of 4 / 10 to RDWR.
The current trend direction for RADWARE LTD (RDWR) is Bearish.
RADWARE LTD (RDWR) has an RSI value of 57.4466. This indicates that the stock is currently neutral.
The short term momentum for RADWARE LTD (RDWR) is neutral.