REKOR SYSTEMS INC (REKR) Stock Technical Analysis
NASDAQ:REKR - Nasdaq - US7594191048 - Common Stock - Currency: USD
Overall REKR gets a technical rating of 7 out of 10. In the past year, REKR was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month REKR has a been trading in the 0.87 - 1.70 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
REKR has an average volume of 4703530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, REKR did better than 85% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
REKR 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 REKR is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although REKR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.07
1.90
When analyzing the support we notice one important area.
- Support @1.08 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.88 from a trend line in the weekly time frame.
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 REKR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REKR is up. |
| ChartMill Relative Strength | 85.64 | POSITIVE | REKR has a high relative strength, it outperformed 85.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of REKR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of REKR is above the rising 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) | 75.67 | OVERBOUGHT | The high RSI value suggests REKR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests REKR has a positive trend. |
| Stochastics (14,3) | 73.13 | NEUTRAL | The Stochastics value for REKR is a neutral value. |
| Average True Range in percent/ATR (20) | 7.78 | HIGH VOLATILITY | The high ATR as a percentage value for REKR suggests high volalility. |
| Average Directional Index/ADX (14) | 20.94 | NEUTRAL | The ADX value for REKR suggests a possible start of a new trend. |
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)
1.6
+0.16 (+11.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg11.11%
1 Week40.35%
2 Weeks48.15%
1 Month77.76%
3 Month37.93%
6 Month76.13%
12 Month0.63%
2 Year-10.11%
3 Year-9.09%
5 Year-60%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%7.78%
ATR Inc239.92%
Range Today0.23
ADR(20)0.11
ADR(20)%7.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.64
Mansfield1.83
10 Day High1.7
10 Day Low0.96
20 Day High1.7
20 Day Low0.87
52 Week High2.67
52 Week Low0.62
CS1 End1.08
CR1 Start1.88
Volume & EV
DER(3)-0.44%
DER(5)-0.99%
Volume13.35M
Volume Incr259.06%
Vol(5)13.46M
Vol(50)4.70M