BIT:RWY • IT0005528069
Overall RWY gets a technical rating of 7 out of 10. Although RWY is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although RWY has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
7.78
When analyzing the support we can see 2 important areas.
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) | 64.4 | NEUTRAL | The RSI value for RWY.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests RWY.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.02 | NEUTRAL | The Stochastics value for RWY.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.46 | HIGH VOLATILITY | The high ATR as a percentage value for RWY.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 32.66 | POSITIVE | The high ADX value value for RWY.MI suggests a strong trend. |
BIT:RWY (2/16/2026, 7:00:00 PM)
11.2
+1.34 (+13.59%)
ChartMill assigns a technical rating of 7 / 10 to RWY.MI.
The current trend direction for REWAY GROUP SPA (RWY.MI) is Bullish.
REWAY GROUP SPA (RWY.MI) has an RSI value of 64.3971. This indicates that the stock is currently neutral.
The MACD indicator for REWAY GROUP SPA (RWY.MI) has a value of -0.10151, indicating a bearish trend.
The buy/sell signal for REWAY GROUP SPA (RWY.MI) is buy as both the short term and long term trends are positive.