NYSEARCA:RWX - NYSE Arca - US78463X8636 - ETF - Currency: USD
Overall RWX gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RWX is only an average performer.
Although RWX has an excellent technical rating, it does not offer a high quality setup 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.
22.38
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 RWX is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RWX is up. |
ChartMill Relative Strength | 76.07 | POSITIVE | RWX has a high relative strength, it outperformed 76.07% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of RWX is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RWX is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RWX is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 57.44 | NEUTRAL | The RSI value for RWX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests RWX has a negative trend. |
Stochastics (14,3) | 53.44 | NEUTRAL | The Stochastics value for RWX is a neutral value. |
Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for RWX suggests low volalility. |
Average Directional Index/ADX (14) | 26.83 | POSITIVE | The high ADX value value for RWX suggests a strong trend. |
26.72
+0.03 (+0.11%)