Stock Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
Rewalk Robotics Ltd (NASDAQ:RWLK)
Sidelines Mode (+55) - RWLK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Sep 30th, 2019 at 2.95
The intermediate-term trend has been UP since Apr 13th, 2020 at 0.60
The short-term trend has been DOWN since May 27th, 2020 at 1.22
Smart Scan Analysis for RWLK
Based on our trend formula, RWLK is rated as a +55 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||10.08||52wk High Date||2019-06-05|
|52wk Low||0.4428||52wk Low Date||2020-03-27|
|Average Volume||258,631||Shares Outstanding||12,754|