Stock Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
ReWalk Robotics Ltd. - Ordinary Shares (NASDAQ:RWLK)
Countertrend Up (+85) - RWLK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid RWLK?
MarketClub looks at technical strength and momentum to determine if the timing is right for RWLK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RWLK
The long-term trend has been UP since Jul 5th, 2023 at 0.7282
The intermediate-term trend has been UP since Sep 5th, 2023 at 0.7200
The short-term trend has been DOWN since Sep 18th, 2023 at 0.7950
Smart Scan Analysis for RWLK
Based on our trend formula, RWLK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||1.35||Year High Date||2018-07-20|
|Year Low||0.2205||Year Low Date||2018-11-20|
|52wk High||1.01||52wk High Date||2022-11-04|
|52wk Low||0.5604||52wk Low Date||2023-05-02|
|Average Volume||177,492||Shares Outstanding||59,937|