REKOR SYSTEMS INC (REKR) Stock Technical Analysis
USA - NASDAQ:REKR - US7594191048 - Common Stock
1.2 USD
+0.01 (+0.84%)
1.2 USD
0 (0%)
Overall REKR gets a technical rating of 3 out of 10. REKR performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, REKR is a bad performer in the overall market: 78% of all stocks are doing better.
REKR is part of the Software industry. There are 280 other stocks in this industry, of which 60% are performing better than REKR.
REKR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month REKR has a been trading in the 1.01 - 1.23 range, which is quite wide. It is currently trading near the high of this range.
REKR has an average volume of 2079390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
REKR has a bad 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 1.20. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for REKR in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.04
1.57
3 important support areas can be observed.
- Support @1.19 from a trend line in the daily time frame.
- A support zone ranging from 1.08 to 1.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.05 to 1.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.20 to 1.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.24 from a trend line in the weekly time frame.
- Resistance @1.55 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 | NEUTRAL | NEUTRAL | The short term trend for REKR is neutral. |
| ChartMill Relative Strength | 22.68 | NEGATIVE | REKR has a low relative strength, it was outperformed by 77.32% 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) | DOWN | MIXED | The current price of REKR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of REKR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.71 | 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) | 62.75 | NEUTRAL | The Stochastics value for REKR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.48 | HIGH VOLATILITY | The high ATR as a percentage value for REKR suggests high volalility. |
| Average Directional Index/ADX (14) | 13.33 | NEGATIVE | The low ADX value for REKR suggests a weak or negative 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)
1.2
+0.01 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.84%
1 Week10.09%
2 Weeks2.56%
1 Month8.11%
3 Month-5.51%
6 Month10.09%
12 Month-1.64%
2 Year-57.45%
3 Year20%
5 Year-79.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%5.48%
ATR Inc21.44%
Range Today0.06
ADR(20)0.07
ADR(20)%5.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.68
Mansfield-1
10 Day High1.23
10 Day Low1.06
20 Day High1.23
20 Day Low1.01
52 Week High2.67
52 Week Low0.62
CS1 End1.19
CR1 Start1.2
Volume & EV
DER(3)10.6%
DER(5)10.33%
Volume1.61M
Volume Incr-5.93%
Vol(5)1.65M
Vol(50)2.08M