RUNWAY GROWTH FINANCE CORP (RWAY) Stock Technical Analysis
NASDAQ:RWAY • US78163D1000
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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 83% of all other stocks performed better in the past year than RWAY.
- RWAY is part of the Capital Markets industry. There are 238 other stocks in this industry, of which 72% are performing better than RWAY.
- RWAY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month RWAY has a been trading in the 8.61 - 9.59 range, which is quite wide. It is currently trading near the lows of this range.
RWAY has a poor technical rating and the quality of the setup is also only medium 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
8.54
When analyzing the support we notice one important area.
- A support zone ranging from 8.63 to 8.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.12 to 9.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.60 to 9.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @10.28 from a trend line in the weekly 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 RWAY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RWAY is down. |
| ChartMill Relative Strength | 17.31 | NEGATIVE | RWAY has a low relative strength, it was outperformed by 82.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RWAY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RWAY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RWAY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.24 | NEUTRAL | The RSI value for RWAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests RWAY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.6 | NEUTRAL | The Stochastics value for RWAY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for RWAY suggests some volalility. |
| Average Directional Index/ADX (14) | 26.65 | POSITIVE | The high ADX value value for RWAY suggests a strong trend. |
NASDAQ:RWAY (2/12/2026, 3:57:09 PM)
8.765
-0.05 (-0.62%)
RUNWAY GROWTH FINANCE CORP / RWAY FAQ
What is the technical rating for RWAY stock?
ChartMill assigns a technical rating of 0 / 10 to RWAY.
What is the trend direction for RWAY stock?
The current trend direction for RUNWAY GROWTH FINANCE CORP (RWAY) is Bearish.
What is the RSI signal for RWAY stock?
RUNWAY GROWTH FINANCE CORP (RWAY) has an RSI value of 39.2387. This indicates that the stock is currently neutral.
What is the short term momentum for RUNWAY GROWTH FINANCE CORP (RWAY) stock?
The short term momentum for RUNWAY GROWTH FINANCE CORP (RWAY) is negative.
What is the buy/sell signal for RWAY stock?
The buy/sell signal for RUNWAY GROWTH FINANCE CORP (RWAY) is sell as both the short term and long term trends are negative.