RELIANCE GLOBAL -CW26 (RELIW) Stock Technical Analysis
NASDAQ:RELIW -
0.0449 USD
+0 (+2.05%)
Overall RELIW gets a technical rating of 6 out of 10. RELIW has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
RELIW 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 RELIW has a been trading in the 0.02 - 0.10 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: RELIW has an average volume of 18056 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, RELIW did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
RELIW has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.04, a Stop Loss order could be placed below this zone.
More info and screens
0.03
0.09
We found 2 important support areas.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.03 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in the daily 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 RELIW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RELIW is up. |
| ChartMill Relative Strength | 73.69 | POSITIVE | RELIW has a high relative strength, it outperformed 73.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RELIW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RELIW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RELIW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.82 | NEUTRAL | The RSI value for RELIW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RELIW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.14 | NEUTRAL | The Stochastics value for RELIW is a neutral value. |
| Average True Range in percent/ATR (20) | 54.65 | HIGH VOLATILITY | The high ATR as a percentage value for RELIW suggests high volalility. |
| Average Directional Index/ADX (14) | 22.29 | NEUTRAL | The ADX value for RELIW 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)
NASDAQ:RELIW (8/29/2025, 8:00:01 PM)
0.0449
+0 (+2.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.05%
1 Week24.38%
2 Weeks42.09%
1 Month7.16%
3 Month73.36%
6 Month-1.75%
12 Month-45.51%
2 Year-18.36%
3 Year-78.62%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%54.65%
ATR Inc-96.67%
Range Today0
ADR(20)0.02
ADR(20)%45.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.69
Mansfield-1.3
10 Day High0.1
10 Day Low0.03
20 Day High0.1
20 Day Low0.02
52 Week High0.12
52 Week Low0.02
CS1 End0.04
CR1 Start0.05
Volume & EV
DER(3)-24.21%
DER(5)-29.44%
Volume1.40K
Volume Incr-35.47%
Vol(5)8.26K
Vol(50)18.06K