RENOWORKS SOFTWARE INC (RW.CA) Technical Analysis
TSX-V:RW • CA7598871027
Taking everything into account, RW scores 1 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month RW has a been trading in the 0.32 - 0.45 range, which is quite wide. It is currently trading near the lows of this range.
- RW is part of the Software industry. There are 68 other stocks in this industry. RW outperforms 80% of them.
- When comparing the performance of all stocks over the past year, RW turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
- RW 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 RW is lagging the market slightly.
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
0.19
We found 3 important support areas.
- A support zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.21 from a trend line in the weekly time frame.
- Support @0.19 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.39 from a trend line in the daily time frame.
- Resistance @0.46 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 | 47.91 | NEUTRAL | RW.CA is not amongst the best or worst performers 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) | UP | MIXED | The current price of RW.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.14 | NEUTRAL | The RSI value for RW.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RW.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.11 | OVERSOLD | The low Stochastics value suggests RW.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for RW.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.22 | NEUTRAL | The ADX value for RW.CA suggests a possible start of a new trend. |
RW.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:RW (3/12/2026, 7:00:00 PM)
0.34
+0.03 (+7.94%)
RENOWORKS SOFTWARE INC / RW.CA FAQ
What is the technical rating for RW stock?
ChartMill assigns a technical rating of 1 / 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 38.1449. 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.