We assign a technical rating of 0 out of 10 to REKR. REKR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of REKR is bad and it also does not present a 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
1.24
We found 2 important support areas.
- A support zone ranging from 1.37 to 1.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.25 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.56 to 1.56. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for REKR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for REKR is down. |
| ChartMill Relative Strength | 14.67 | NEGATIVE | REKR has a low relative strength, it was outperformed by 85.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of REKR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of REKR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of REKR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.36 | NEUTRAL | The RSI value for REKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests REKR has a positive trend. |
| Stochastics (14,3) | 35.51 | NEUTRAL | The Stochastics value for REKR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.83 | HIGH VOLATILITY | The high ATR as a percentage value for REKR suggests high volalility. |
| Average Directional Index/ADX (14) | 32.29 | POSITIVE | The high ADX value value for REKR suggests a strong trend. |
1.55
+0.01 (+0.65%)
REKOR SYSTEMS INC / REKR FAQ
What is the technical rating for REKR stock?
ChartMill assigns a technical rating of 0 / 10 to REKR.
What is the current trend direction of REKOR SYSTEMS INC (REKR) stock?
The current trend direction for REKOR SYSTEMS INC (REKR) is Bearish.
What is the RSI signal for REKOR SYSTEMS INC (REKR) stock?
REKOR SYSTEMS INC (REKR) has an RSI value of 42.3614. This indicates that the stock is currently neutral.
Can you provide the MACD signal for REKOR SYSTEMS INC?
The MACD indicator for REKOR SYSTEMS INC (REKR) has a value of 0.00640529, indicating a bearish trend.
What is the short term momentum for REKR stock?
The short term momentum for REKOR SYSTEMS INC (REKR) is negative.