RENOWORKS SOFTWARE INC (RW.CA) Technical Analysis
TSX-V:RW • CA7598871027
Current stock price
RW.CA Technical Rating and Analysis
Taking everything into account, RW scores 0 out of 10 in our technical rating. RW'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 91% of all other stocks performed better in the past year than RW.
- RW 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- RW is an average performer in the Software industry, it outperforms 48% of 69 stocks in the same industry.
- In the last month RW has a been trading in the 0.23 - 0.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RW.CA Weekly and Daily overview Charts
RW.CA Setup Rating and Analysis
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
RW.CA Support and Resistance Analysis
0.22
We found 3 important support areas.
- Support @0.25 from a trend line in the weekly time frame.
- A support zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.22 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.31 from a trend line in the daily time frame.
RW.CA 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 RW.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RW.CA is down. |
| ChartMill Relative Strength | 9.42 | NEGATIVE | RW.CA has a low relative strength, it was outperformed by 90.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RW.CA is below a declining 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) | DOWN | NEGATIVE | The current price of RW.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.09 | 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) | 35.09 | NEUTRAL | The Stochastics value for RW.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.91 | HIGH VOLATILITY | The high ATR as a percentage value for RW.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.55 | POSITIVE | The high ADX value value for RW.CA suggests a strong trend. |
RW.CA Chart- and CandleStick Pattern Analysis
RW.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:RW (4/30/2026, 7:00:00 PM)
0.265
+0.01 (+3.92%)
RENOWORKS SOFTWARE INC / RW.CA TA FAQ
What is the technical rating for RW stock?
ChartMill assigns a technical rating of 0 / 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 RW stock?
RENOWORKS SOFTWARE INC (RW.CA) has an RSI value of 38.0897. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RENOWORKS SOFTWARE INC?
The MACD indicator for RENOWORKS SOFTWARE INC (RW.CA) has a value of 0.000956992, indicating a bearish trend.
What is the short term momentum for RW stock?
The short term momentum for RENOWORKS SOFTWARE INC (RW.CA) is negative.