Analysis from www.bigeasyinvestor.com Currently:
Open: $36.88
Close: $37.13
Range: $39.75 -
$35.00
Change: $-3.88 (-9.45%)
Volume: 590200
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.