REWAY GROUP SPA (RWY.MI) Stock Technical Analysis
Europe - BIT:RWY - IT0005528069 - Common Stock
Taking everything into account, RWY scores 6 out of 10 in our technical rating. RWY has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
RWY has an average technical rating and it also 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.
More info and screens
5.45
2 important support areas can be observed.
- A support zone ranging from 7.46 to 7.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.50 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.11 to 10.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 RWY.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RWY.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | RWY.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RWY.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RWY.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 58.94 | NEUTRAL | The RSI value for RWY.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests RWY.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.09 | NEUTRAL | The Stochastics value for RWY.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.97 | HIGH VOLATILITY | The high ATR as a percentage value for RWY.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 40.48 | POSITIVE | The high ADX value value for RWY.MI suggests a strong trend. |
BIT:RWY (11/3/2025, 7:00:00 PM)
10.1
-0.3 (-2.88%)
REWAY GROUP SPA / RWY.MI FAQ
What is the ChartMill technical rating of REWAY GROUP SPA (RWY.MI) stock?
ChartMill assigns a technical rating of 6 / 10 to RWY.MI.
Can you provide the trend direction for REWAY GROUP SPA?
The current trend direction for REWAY GROUP SPA (RWY.MI) is Bullish.
What is the RSI signal for RWY stock?
REWAY GROUP SPA (RWY.MI) has an RSI value of 58.9358. This indicates that the stock is currently neutral.
What is the MACD signal for RWY stock?
The MACD indicator for REWAY GROUP SPA (RWY.MI) has a value of 0.0453169, indicating a bearish trend.
What is the short term momentum for RWY stock?
The short term momentum for REWAY GROUP SPA (RWY.MI) is positive.