RENOWORKS SOFTWARE INC (RW.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:RW - CA7598871027 - Common Stock
Taking everything into account, RW scores 2 out of 10 in our technical rating. RW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- RW is one of the better performing stocks in the Software industry, it outperforms 83% of 67 stocks in the same industry.
- In the last month RW has a been trading in the 0.36 - 0.46 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, RW outperforms 57% of them, which is more or less in line with the market.
- RW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RW is lagging the market.
The technical rating of RW is bad and it also does not present a quality setup 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
0.40
We found 2 important support areas.
- Support @0.42 from a trend line in the daily time frame.
- A support zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.47 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for RW.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RW.CA is down. |
| ChartMill Relative Strength | 57.44 | NEUTRAL | RW.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RW.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RW.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RW.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.56 | NEUTRAL | The RSI value for RW.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RW.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for RW.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for RW.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 6.79 | NEGATIVE | The low ADX value for RW.CA suggests a weak or negative trend. |
TSX-V:RW (1/16/2026, 7:00:00 PM)
0.45
+0.03 (+7.14%)
RENOWORKS SOFTWARE INC / RW.CA FAQ
What is the technical rating for RW stock?
ChartMill assigns a technical rating of 2 / 10 to RW.CA.
What is the trend direction for RW stock?
The current trend direction for RENOWORKS SOFTWARE INC (RW.CA) is Bearish.
What is the RSI signal for RENOWORKS SOFTWARE INC (RW.CA) stock?
RENOWORKS SOFTWARE INC (RW.CA) has an RSI value of 45.5624. This indicates that the stock is currently neutral.
What is the short term momentum for RW stock?
The short term momentum for RENOWORKS SOFTWARE INC (RW.CA) is negative.
Can you provide the buy/sell signal for RENOWORKS SOFTWARE INC?
The buy/sell signal for RENOWORKS SOFTWARE INC (RW.CA) is sell as both the short term and long term trends are negative.