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REWALK ROBOTICS LTD (RWLK) Stock Technical Analysis

NASDAQ:RWLK - IL0011331076 - Common Stock

1.0501 USD
+0.06 (+6.07%)
Last: 1/29/2024, 8:00:03 PM
1.0798 USD
+0.03 (+2.83%)
After Hours: 1/29/2024, 8:00:03 PM
Technical Rating and Analysis

9

Overall RWLK gets a technical rating of 9 out of 10. 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.

The long and short term trends are both positive. This is looking good!
RWLK is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 86% of 185 stocks in the same industry.
Looking at the yearly performance, RWLK did better than 87% of all other 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 currently trading near new highs, so RWLK is lagging the market.
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.
Weekly and Daily overview Charts
REWALK ROBOTICS LTD / RWLK Weekly stock chart
REWALK ROBOTICS LTD / RWLK Daily stock chart
Setup Rating and Analysis

5

RWLK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

0.67

1.06

4 important support areas can be observed.

  • 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.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for RWLK is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for RWLK is up.
ChartMill Relative Strength87.06POSITIVERWLK has a high relative strength, it outperformed 87.06% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of RWLK is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of RWLK is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of RWLK is above the rising SMA(200).
Relative Strength Index/RSI (14)58.95NEUTRALThe RSI value for RWLK is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests RWLK has a negative trend, although the MACD value is rising.
Stochastics (14,3)31.29NEUTRALThe Stochastics value for RWLK is a neutral value.
Average True Range in percent/ATR (20)10.17HIGH VOLATILITYThe high ATR as a percentage value for RWLK suggests high volalility.
Average Directional Index/ADX (14)24.06NEUTRALThe ADX value for RWLK suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
REWALK ROBOTICS LTD / RWLK Daily stock chart

REWALK ROBOTICS LTD

NASDAQ:RWLK (1/29/2024, 8:00:03 PM)

After market: 1.0798 +0.03 (+2.83%)

1.0501

+0.06 (+6.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg6.07%
1 Week7.3%
2 Weeks-2.77%
1 Month40.9%
3 Month32.96%
6 Month50.7%
12 Month24.35%
2 Year-7.07%
3 Year-54.34%
5 Year-87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%10.17%
ATR Inc-12.66%
Range Today0.12
ADR(20)0.1
ADR(20)%9.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.06
Mansfield2.78
10 Day High1.1
10 Day Low0.87
20 Day High1.3
20 Day Low0.72
52 Week High1.3
52 Week Low0.56
CS1 End0.96
CR1 StartN/A
Volume & EV
DER(3)-6.11%
DER(5)-0.08%
Volume303.60K
Volume Incr-67.69%
Vol(5)174.32K
Vol(50)352.16K