REWAY GROUP SPA (RWY.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:RWY - IT0005528069 - Common Stock
Taking everything into account, RWY scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, RWY is a bad performer.
- When comparing the yearly performance of all stocks, RWY is a bad performer in the overall market: 100% of all stocks are doing better.
- RWY is one of the lesser performing stocks in the Construction & Engineering industry. 80% of 43 stocks in the same industry do better.
- Warning: RWY has an average volume of 15960 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- In the last month RWY has a been trading in the 8.56 - 12.00 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.
Although RWY 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.
More info and screens
7.72
We found 2 important support areas.
- A support zone ranging from 9.85 to 9.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.80 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.31 to 10.53. 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 | MIXED | The current price of RWY.MI is below 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) | 54.54 | NEUTRAL | The RSI value for RWY.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests RWY.MI has a negative trend. |
| Stochastics (14,3) | 33.28 | NEUTRAL | The Stochastics value for RWY.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.65 | HIGH VOLATILITY | The high ATR as a percentage value for RWY.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 32.96 | POSITIVE | The high ADX value value for RWY.MI suggests a strong trend. |
BIT:RWY (1/19/2026, 7:00:00 PM)
9.86
-0.44 (-4.27%)
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 7 / 10 to RWY.MI.
What is the current trend direction of REWAY GROUP SPA (RWY.MI) stock?
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 54.5351. This indicates that the stock is currently neutral.
Can you provide the MACD signal for REWAY GROUP SPA?
The MACD indicator for REWAY GROUP SPA (RWY.MI) has a value of -0.165483, indicating a bearish trend.
What is the buy/sell signal for REWAY GROUP SPA (RWY.MI) stock?
The buy/sell signal for REWAY GROUP SPA (RWY.MI) is buy as both the short term and long term trends are positive.