We assign a technical rating of 5 out of 10 to RNWK. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, RNWK is a bad performer.
RNWK 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 0.72, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
0.68
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.71 to 0.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.69 to 0.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.74 to 0.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for RNWK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RNWK is neutral. |
| ChartMill Relative Strength | 37.45 | NEUTRAL | RNWK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RNWK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RNWK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RNWK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.06 | NEUTRAL | The RSI value for RNWK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RNWK has a positive trend. |
| Stochastics (14,3) | 99.33 | OVERBOUGHT | The high Stochastics value suggests RNWK may be overbought. |
| Average True Range in percent/ATR (20) | 1.1 | LOW VOLATILITY | The low ATR as a percentage value for RNWK suggests low volalility. |
| Average Directional Index/ADX (14) | 25.53 | POSITIVE | The high ADX value value for RNWK suggests a strong trend. |
NASDAQ:RNWK (12/21/2022, 8:00:02 PM)
0.73
+0 (+0.03%)
REALNETWORKS INC / RNWK FAQ
Can you provide the ChartMill technical rating for REALNETWORKS INC?
ChartMill assigns a technical rating of 5 / 10 to RNWK.
What is the current trend direction of REALNETWORKS INC (RNWK) stock?
The current trend direction for REALNETWORKS INC (RNWK) is Bullish.
Can you provide the RSI signal for REALNETWORKS INC?
REALNETWORKS INC (RNWK) has an RSI value of 62.0564. This indicates that the stock is currently neutral.
What are the support and resistance levels for REALNETWORKS INC (RNWK) stock?
REALNETWORKS INC (RNWK) has a support level at 0.72 and a resistance level at 0.74. Check the full technical report for our detailed analysis of RNWK support and resistance levels.