VOLUME
Sell
TREND
Buy
MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Buy
Bullish vs. Bearish (4 opinions)
50%
50%
Social Sentiment -0.34

RWLK Forecast and Technical Stock Analysis

PDF
Sell candidate since 2019-07-19

ReWalk Robotics Ltd gained 0.25% in the last trading day ( Friday, 19th Jul 2019 ), rising from $4.05 to $4.06 During the day the stock fluctuated 5.32% from a day low at $3.93 to a day high of $4.14. The price has fallen in 7 of the last 10 days and is down by -6.67% for this period. Volume fell in the last day by -158 643 shares and in total, 134 513 shares bought and sold for approximately $546 123.00. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Quick summary:

  • 30 day high of the RWLK stock price was $5.30 and low was $3.80.
  • 90 day high was $10.08 and low was $2.46.
  • 52 week high for ReWalk Robotics Ltd - $33.75 and low - $2.46.
Top Trending Stocks

Trend

ReWalk Robotics Ltd lies in the lower part of a very wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $3.71 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 26.66% during the next 3 months and, with 90% probability hold a price between $4.70 and $10.48 at the end of this period.

Top Golden Star Stocks

Signals

A buy signal was issued from a pivot bottom point on Thursday July 18, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. ReWalk Robotics Ltd holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $4.37 and $4.67. A break-up above any of these levels will issue buy signals. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 75 ]

RSI14 is 42 and the stock is currently not being overbought or oversold

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.

Support & Resistance

ReWalk Robotics Ltd finds support from accumulated volume at $3.90.

Support: $3.90 Price: $4.06 Resistance: $4.08

Risk

This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.21 between high and low, or 5.32%. For the last week the stock has had a daily average volatility of 6.56%.

Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.

6.56 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Sell Candidate Downgraded

Evaluation

The ReWalk Robotics Ltd stock holds several negative signals and despite the positive trend we believe ReWalk Robotics Ltd will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.

Stronger Sell Today RWLK ranks #4419 as SELL CANDIDATE #4419 Weaker Sell

Will RWLK stock price go up or down on Tue, 23 Jul 2019?

Predict
Trading With Moving Average
As an investor, you always seek to understand what other... Full Article
Pivot Points
Pivot Points refer to points of significant change. As a... Full Article
Accumulated Volume - Support and Resistance
Volume is perhaps the best indicator of all and should... Full Article
Volume - The Indicator You Really Need to Know
Many new traders getting into the world of technical analysis... Full Article
We Give Back!
In 2016 StockInvest.us donated to NGO Goodwill projects to help purchase medical... Full Article
Better Buy: Amazon vs. Facebook
Amazon's stock slipped 21% over the past six months, as... Full Article

Proudly made at

ROCKIT