RELIANCE GLOBAL -CW26 (RELIW) Technical Analysis
NASDAQ:RELIW
Current stock price
RELIW Technical Rating and Analysis
Taking everything into account, RELIW scores 0 out of 10 in our technical rating. RELIW'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 negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than RELIW.
- RELIW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month RELIW has a been trading in the 0.00 - 0.02 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: RELIW has an average volume of 23988 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
RELIW Weekly and Daily overview Charts
RELIW Setup Rating and Analysis
RELIW has a poor technical rating and the quality of the setup is also not perfect 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
RELIW Support and Resistance Analysis
RELIW Technical Indicator Signal Analysis
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 RELIW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RELIW is down. |
| ChartMill Relative Strength | 0.48 | NEGATIVE | RELIW has a low relative strength, it was outperformed by 99.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RELIW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RELIW is below a declining 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) | 32.46 | NEUTRAL | The RSI value for RELIW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RELIW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 38.27 | NEUTRAL | The Stochastics value for RELIW is a neutral value. |
| Average True Range in percent/ATR (20) | 78.11 | HIGH VOLATILITY | The high ATR as a percentage value for RELIW suggests high volalility. |
| Average Directional Index/ADX (14) | 46.29 | POSITIVE | The high ADX value value for RELIW suggests a strong trend. |
RELIW Chart- and CandleStick Pattern Analysis
RELIW Technicals: Chart, Performance Metrics, Trend & Indicators
0.0045
0 (-27.42%)
RELIANCE GLOBAL -CW26 / RELIW TA FAQ
What is the technical rating for RELIW stock?
ChartMill assigns a technical rating of 0 / 10 to RELIW.
What is the trend direction for RELIW stock?
The current trend direction for RELIANCE GLOBAL -CW26 (RELIW) is Bearish.
Can you provide the RSI signal for RELIANCE GLOBAL -CW26?
RELIANCE GLOBAL -CW26 (RELIW) has an RSI value of 32.4621. This indicates that the stock is currently neutral.
What is the MACD signal for RELIANCE GLOBAL -CW26 (RELIW) stock?
The MACD indicator for RELIANCE GLOBAL -CW26 (RELIW) has a value of 0.000109059, indicating a bearish trend.
What is the buy/sell signal for RELIANCE GLOBAL -CW26 (RELIW) stock?
The buy/sell signal for RELIANCE GLOBAL -CW26 (RELIW) is sell as both the short term and long term trends are negative.