REKOR SYSTEMS INC (REKR) Stock Technical Analysis
NASDAQ:REKR - US7594191048 - Common Stock
1.17 USD
+0.07 (+6.36%)
1.17 USD
0 (0%)
Taking everything into account, REKR scores 1 out of 10 in our technical rating. REKR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, REKR is a bad performer in the overall market: 71% of all stocks are doing better.
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.
REKR has an average volume of 2931590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
REKR is an average performer in the Software industry, it outperforms 50% of 283 stocks in the same industry.
In the last month REKR has a been trading in the 1.01 - 1.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
1.04
1.64
2 important support areas can be observed.
- Support @1.08 from a horizontal line in the weekly time frame.
- 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.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.18 to 1.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.23 from a trend line in the daily time frame.
- Resistance @1.28 from a trend line in the weekly time frame.
- Resistance @1.62 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 | DOWN | NEGATIVE | The long term trend for REKR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for REKR is neutral. |
| ChartMill Relative Strength | 29.79 | NEGATIVE | REKR has a low relative strength, it was outperformed by 70.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of REKR is above 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 | MIXED | The current price of REKR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.42 | 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) | 51.67 | NEUTRAL | The Stochastics value for REKR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.96 | HIGH VOLATILITY | The high ATR as a percentage value for REKR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.17 | 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)
1.17
+0.07 (+6.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg6.36%
1 Week8.33%
2 Weeks6.36%
1 Month-6.4%
3 Month15.84%
6 Month-31.18%
12 Month-16.43%
2 Year-68.38%
3 Year-17.61%
5 Year-82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%5.96%
ATR Inc35.79%
Range Today0.1
ADR(20)0.07
ADR(20)%5.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.79
Mansfield-1.17
10 Day High1.21
10 Day Low1.01
20 Day High1.31
20 Day Low1.01
52 Week High2.67
52 Week Low0.62
CS1 End1.08
CR1 Start1.18
Volume & EV
DER(3)-0.81%
DER(5)1.22%
Volume2.44M
Volume Incr-21.68%
Vol(5)1.91M
Vol(50)2.93M