Overall REKR gets a technical rating of 4 out of 10. In the last year, REKR was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
REKR has an average technical rating and it also 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
1.19
When analyzing the support we can see 4 important areas.
- Support @1.72 from a horizontal line in the weekly time frame.
- Support @1.69 from a horizontal line in the daily time frame.
- Support @1.31 from a trend line in the daily time frame.
- Support @1.20 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.80 to 1.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.17 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 | DOWN | NEGATIVE | The short term trend for REKR is down. |
| ChartMill Relative Strength | 96.25 | POSITIVE | REKR has a high relative strength, it outperformed 96.25% 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) | DOWN | MIXED | The current price of REKR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.58 | NEUTRAL | The RSI value for REKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests REKR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.19 | OVERSOLD | The low Stochastics value suggests REKR may be oversold. |
| Average True Range in percent/ATR (20) | 9.04 | HIGH VOLATILITY | The high ATR as a percentage value for REKR suggests high volalility. |
| Average Directional Index/ADX (14) | 21.3 | NEUTRAL | The ADX value for REKR suggests a possible start of a new trend. |
1.79
+0.06 (+3.47%)
REKOR SYSTEMS INC / REKR FAQ
What is the technical rating for REKR stock?
ChartMill assigns a technical rating of 4 / 10 to REKR.
What is the trend direction for 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 40.581. 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 -0.0201535, indicating a bearish trend.
What is the short term momentum for REKOR SYSTEMS INC (REKR) stock?
The short term momentum for REKOR SYSTEMS INC (REKR) is negative.