We assign a technical rating of 9 out of 10 to RWLK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RWLK is showing a nice and steady performance.
RWLK has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.67
When analyzing the support we can see 4 important areas.
- Support @0.96 from a trend line in the daily time frame.
- A support zone ranging from 0.89 to 0.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.71 to 0.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.68 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 | UP | POSITIVE | The long term trend for RWLK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RWLK is up. |
| ChartMill Relative Strength | 87.06 | POSITIVE | RWLK has a high relative strength, it outperformed 87.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RWLK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RWLK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RWLK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.95 | NEUTRAL | The RSI value for RWLK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RWLK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.29 | NEUTRAL | The Stochastics value for RWLK is a neutral value. |
| Average True Range in percent/ATR (20) | 10.17 | HIGH VOLATILITY | The high ATR as a percentage value for RWLK suggests high volalility. |
| Average Directional Index/ADX (14) | 24.06 | NEUTRAL | The ADX value for RWLK suggests a possible start of a new trend. |
1.0501
+0.06 (+6.07%)
REWALK ROBOTICS LTD / RWLK FAQ
What is the ChartMill technical rating of REWALK ROBOTICS LTD (RWLK) stock?
ChartMill assigns a technical rating of 9 / 10 to RWLK.
What is the current trend direction of REWALK ROBOTICS LTD (RWLK) stock?
The current trend direction for REWALK ROBOTICS LTD (RWLK) is Bullish.
Can you provide the RSI signal for REWALK ROBOTICS LTD?
REWALK ROBOTICS LTD (RWLK) has an RSI value of 58.9497. This indicates that the stock is currently neutral.
What is the short term momentum for REWALK ROBOTICS LTD (RWLK) stock?
The short term momentum for REWALK ROBOTICS LTD (RWLK) is positive.
What is the buy/sell signal for RWLK stock?
The buy/sell signal for REWALK ROBOTICS LTD (RWLK) is buy as both the short term and long term trends are positive.