Price Move: -9.45% Down % over/under 6 month average volume 0.00%Up Near 52 Week High: No Near 52 Week Low: No 2 Bull(s) to 3 Bear(s) RSI Rating: 67.58 En Fueg-o-meter Color Status: Green (green means trending up)
RDWR closed at $37.13 trading 590,200 shares. The average up cycle is 32.3 % lasting 3.5 days. The average peak-to-base down cycle is 11.3% lasting 4.0 days. This means when going up, RDWR will go 32.3% up, and when going down, RDWR will go 11.3% down.
RDWR is breaking down from the current peak as follows:
12.8% down from the peak of $41.875. 6 day(s) into its average peak-to-base 4 day cycle. This movement indicates a sell or hold for RDWR because it has hit a peak will establish a new base. Again, based on probabilities, RDWR has surpassed its normal decline and is ready for recovery (down 13% and average decline is 11.3%). EASY BUY: RDWR is a buy at $37.125, with a stop loss at $33.413 and a Easy Sell point at $46.120 and a Big Sell point at $49.118 RDWR has been trending upwards as of late. This could be breaking out from a slump.
RDWR is mildly bullish. RDWR has been in a long down trend and has recently turned up. There's a lot of truth to the clich� that down stocks are down for a reason. These "value" plays are difficult to pick out. Look for other confirmations-such as fundamentals and the price crossing through some previous support and resistance levels-before taking a long position. Think of moving averages as moving trendlines. They help measure the direction of existing trends and can help determine when a trend change has taken place. Moving averages also act as support and resistance levels.
No volume analysis. Hasn't trading for more than 1 month
Relative Strength is a great indicator. It tells you what kind of pressure--buying or selling--a stock is receiving. RDWR with 67.6 (RSI) is excellent. RDWR is performing well.