REKOR SYSTEMS INC (REKR) Technical Analysis
NASDAQ:REKR • US7594191048
Overall REKR gets a technical rating of 1 out of 10. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, REKR is a bad performer in the overall market: 86% of all stocks are doing better.
- REKR is currently trading in the lower part 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.
- In the last month REKR has a been trading in the 0.72 - 1.08 range, which is quite wide. It is currently trading near the high of this range.
- REKR has an average volume of 2594320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- REKR is part of the Software industry. There are 277 other stocks in this industry, REKR did better than 53% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
0.81
When analyzing the support we notice one important area.
- Support @0.82 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 | 14.88 | NEGATIVE | REKR has a low relative strength, it was outperformed by 85.12% 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 | 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) | 57.38 | NEUTRAL | The RSI value for REKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests REKR has a positive trend. |
| Stochastics (14,3) | 82.26 | OVERBOUGHT | The high Stochastics value suggests REKR may be overbought. |
| Average True Range in percent/ATR (20) | 7.41 | HIGH VOLATILITY | The high ATR as a percentage value for REKR suggests high volalility. |
| Average Directional Index/ADX (14) | 31.56 | POSITIVE | The high ADX value value for REKR suggests a strong trend. |
REKR Technicals: Chart, Performance Metrics, Trend & Indicators
1.04
+0.05 (+4.99%)
REKOR SYSTEMS INC / REKR FAQ
What is the technical rating for REKR stock?
ChartMill assigns a technical rating of 1 / 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 57.3807. 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 0.0442396, indicating a bearish trend.
What is the short term momentum for REKR stock?
The short term momentum for REKOR SYSTEMS INC (REKR) is neutral.