REALNETWORKS INC (RNWK) Stock Technical Analysis
NASDAQ:RNWK - Nasdaq - US75605L7082 - Common Stock - Currency: USD
Overall RNWK gets a technical rating of 5 out of 10. 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.
63% of all other stocks performed better in the past year than RNWK.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
RNWK is an average performer in the Software industry, it outperforms 51% of 282 stocks in the same industry.
RNWK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RNWK is lagging the market.
In the last month RNWK has a been trading in a tight range between 0.69 and 0.73.
Volume is considerably higher in the last couple of days.
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
0.75
2 important support areas can be observed.
- 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.
We found 1 important resistance 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. |
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:RNWK (12/21/2022, 8:00:02 PM)
0.73
+0 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.03%
1 Week0.83%
2 Weeks1.16%
1 Month1.39%
3 Month4.95%
6 Month21.46%
12 Month-31.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%1.1%
ATR Inc-34.84%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.45
Mansfield1.49
10 Day High0.73
10 Day Low0.69
20 Day High0.73
20 Day Low0.69
52 Week High1.08
52 Week Low0.46
CS1 End0.72
CR1 Start0.74
Volume & EV
DER(3)-1.06%
DER(5)-0.87%
Volume279.30K
Volume Incr160.6%
Vol(5)399.16K
Vol(50)169.41K