REWALK ROBOTICS LTD (RWLK) Technical Analysis
NASDAQ:RWLK • IL0011331076
Current stock price
RWLK Technical Rating and Analysis
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.
- Both the short term and long term trends are positive. This is a very positive sign.
- RWLK is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 92% of 188 stocks in the same industry.
- When comparing the yearly performance of all stocks, we notice that RWLK is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- RWLK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RWLK is lagging the market slightly.
- In the last month RWLK has a been trading in the 0.72 - 1.30 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.
RWLK Weekly and Daily overview Charts
RWLK Setup Rating and Analysis
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
RWLK Support and Resistance Analysis
0.67
We found 4 important support 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.
RWLK Technical Indicator Signal Analysis
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. |
RWLK Chart- and CandleStick Pattern Analysis
RWLK Technicals: Chart, Performance Metrics, Trend & Indicators
1.0501
+0.06 (+6.07%)
REWALK ROBOTICS LTD / RWLK TA FAQ
What is the ChartMill technical rating of REWALK ROBOTICS LTD (RWLK) stock?
ChartMill assigns a technical rating of 9 / 10 to RWLK.
Can you provide the trend direction for REWALK ROBOTICS LTD?
The current trend direction for REWALK ROBOTICS LTD (RWLK) is Bullish.
What is the RSI signal for RWLK stock?
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 RWLK stock?
The short term momentum for REWALK ROBOTICS LTD (RWLK) is positive.
What is the support and resistance level for RWLK stock?
REWALK ROBOTICS LTD (RWLK) has a support level at 0.96. Check the full technical report for our detailed analysis of RWLK support and resistance levels.