Europe - Euronext Milan - BIT:RWAY - IT0005054967 - Common Stock
Taking everything into account, RWAY scores 0 out of 10 in our technical rating. RWAY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
RWAY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 5.48, a Stop Loss order could be placed below this zone.
5.25
We found 2 important support areas.
We can see 3 important resistance areas.
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 RWAY.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RWAY.MI is neutral. |
| ChartMill Relative Strength | 28.06 | NEGATIVE | RWAY.MI has a low relative strength, it was outperformed by 71.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RWAY.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RWAY.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RWAY.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.55 | NEUTRAL | The RSI value for RWAY.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests RWAY.MI has a positive trend. |
| Stochastics (14,3) | 80.15 | OVERBOUGHT | The high Stochastics value suggests RWAY.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.26 | LOW VOLATILITY | The low ATR as a percentage value for RWAY.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 22.64 | NEUTRAL | The ADX value for RWAY.MI suggests a possible start of a new trend. |
BIT:RWAY (12/23/2025, 7:00:00 PM)
5.54
+0.03 (+0.54%)
ChartMill assigns a technical rating of 0 / 10 to RWAY.MI.
The current trend direction for RAI WAY SPA (RWAY.MI) is Bearish.
RAI WAY SPA (RWAY.MI) has an RSI value of 50.5497. This indicates that the stock is currently neutral.
The MACD indicator for RAI WAY SPA (RWAY.MI) has a value of 0.0228345, indicating a bearish trend.
RAI WAY SPA (RWAY.MI) has a support level at 5.48 and a resistance level at 5.66. Check the full technical report for our detailed analysis of RWAY.MI support and resistance levels.