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.
5.31
We found 3 important support areas.
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 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) | 68.05 | NEUTRAL | The RSI value for RWY.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests RWY.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 84.88 | OVERBOUGHT | The high Stochastics value suggests RWY.MI may be overbought. |
Average True Range in percent/ATR (20) | 5.54 | HIGH VOLATILITY | The high ATR as a percentage value for RWY.MI suggests high volalility. |
Average Directional Index/ADX (14) | 40.45 | POSITIVE | The high ADX value value for RWY.MI suggests a strong trend. |
BIT:RWY (9/11/2025, 7:00:00 PM)
9.48
-0.18 (-1.86%)