REALNETWORKS INC (RNWK) Technical Analysis
NASDAQ:RNWK • US75605L7082
Current stock price
RNWK Technical Rating and Analysis
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.
- When comparing the yearly performance of all stocks, RNWK is a bad performer in the overall market: 63% of all stocks are doing better.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- RNWK is part of the Software industry. There are 278 other stocks in this industry. RNWK outperforms 78% of them.
- RNWK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RNWK is lagging the market slightly.
- 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 Weekly and Daily overview Charts
RNWK Setup Rating and Analysis
Although the technical rating is only medium, RNWK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.72, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
RNWK Support and Resistance Analysis
0.68
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.
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.
RNWK 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 | 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. |
RNWK Chart- and CandleStick Pattern Analysis
RNWK Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:RNWK (12/21/2022, 8:00:02 PM)
0.73
+0 (+0.03%)
REALNETWORKS INC / RNWK TA FAQ
Can you provide the ChartMill technical rating for REALNETWORKS INC?
ChartMill assigns a technical rating of 5 / 10 to RNWK.
Can you provide the trend direction for REALNETWORKS INC?
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 is the MACD signal for RNWK stock?
The MACD indicator for REALNETWORKS INC (RNWK) has a value of 0.000518213, indicating a bearish trend.