RENOWORKS SOFTWARE INC (RW.CA) Stock Technical Analysis
TSX-V:RW - TSX Venture Exchange - CA7598871027 - Common Stock - Currency: CAD
Taking everything into account, RW scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, RW has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, RW did better than 94% of all other stocks. On top of that, RW also shows a nice and consistent pattern of rising prices.
RW is part of the Software industry. There are 61 other stocks in this industry. RW outperforms 86% of them.
RW is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RW is performing more or less in line with the market.
In the last month RW has a been trading in the 0.38 - 0.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although RW has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.40
0.46
When analyzing the support we notice one important area.
- 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.
2 important resistance areas can be observed.
- Resistance @0.45 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.46 to 0.46. 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 RW.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RW.CA is up. |
| ChartMill Relative Strength | 94.28 | POSITIVE | RW.CA has a high relative strength, it outperformed 94.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RW.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RW.CA is above the rising 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) | 49.75 | 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. |
| Stochastics (14,3) | 40 | NEUTRAL | The Stochastics value for RW.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for RW.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.59 | POSITIVE | The high ADX value value for RW.CA 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)
TSX-V:RW (7/31/2025, 7:00:00 PM)
0.41
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0%
1 Week-7.87%
2 Weeks-6.82%
1 Month6.49%
3 Month54.72%
6 Month43.86%
12 Month127.78%
2 Year173.33%
3 Year17.14%
5 Year32.26%
10 Year24.24%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%3.6%
ATR Inc90.91%
Range Today0.01
ADR(20)0.01
ADR(20)%2.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.28
Mansfield4.03
10 Day High0.45
10 Day Low0.4
20 Day High0.46
20 Day Low0.38
52 Week High0.46
52 Week Low0.15
CS1 End0.4
CR1 Start0.45
Volume & EV
DER(3)20.19%
DER(5)18.9%
Volume18.00K
Volume Incr-33%
Vol(5)21.40K
Vol(50)37.97K