NASDAQ:RWAY • US78163D1000
Overall RWAY gets a technical rating of 0 out of 10. 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 technical rating of RWAY is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
7.26
We can see 6 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 is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RWAY is down. |
| ChartMill Relative Strength | 11.91 | NEGATIVE | RWAY has a low relative strength, it was outperformed by 88.09% 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) | 22.95 | OVERSOLD | The low RSI value suggests RWAY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests RWAY has a negative trend. |
| Stochastics (14,3) | 13.28 | OVERSOLD | The low Stochastics value suggests RWAY may be oversold. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for RWAY suggests some volalility. |
| Average Directional Index/ADX (14) | 51.12 | POSITIVE | The high ADX value value for RWAY suggests a strong trend. |
7.33
-0.06 (-0.81%)
ChartMill assigns a technical rating of 0 / 10 to RWAY.
The current trend direction for RUNWAY GROWTH FINANCE CORP (RWAY) is Bearish.
RUNWAY GROWTH FINANCE CORP (RWAY) has an RSI value of 22.9532. This indicates that the stock is currently oversold.
The short term momentum for RUNWAY GROWTH FINANCE CORP (RWAY) is negative.
The buy/sell signal for RUNWAY GROWTH FINANCE CORP (RWAY) is sell as both the short term and long term trends are negative.