RADWARE

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	RDWR
ISIN:	IL0010834765

RADWARE - Daily - Technical analysis published on 01/29/2020 (GMT)

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Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Neutral

De fond: Bullish

Technical indicators

11%

44%

My opinion

Bullish above 25.00 USD

My targets

25.93 USD (+1.89%)

26.51 USD (+4.17%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on RADWARE. As long as you are above the support located at 25.00 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 25.93 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 26.51 USD as an objective. Crossing it would then enable buyers to target 28.14 USD. If the support 25.00 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.

FORCE

1.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

RADWARE rating 25.45 USD. On the day, this instrument lost +0.20% with the lowest point at 25.29 USD and the highest point at 25.69 USD. The deviation from the price is +0.63% for the low point and -0.93% for the high point.

25.29

25.69

25.45

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by RADWARE:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this RADWARE chart shows a bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	22.97	24.33	25.00	25.45	25.51	25.93	26.51
Change (%)	-9.74%	-4.40%	-1.77%	-	+0.24%	+1.89%	+4.17%
Change	-2.48	-1.12	-0.45	-	+0.06	+0.48	+1.06
Level	Minor	Major	Major	-	Major	Intermediate	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.53	24.96	25.18	25.61	25.82	26.25	26.47
Camarilla	25.22	25.28	25.34	25.40	25.45	25.51	25.57
Woodie	24.43	24.91	25.07	25.55	25.72	26.20	26.36
Fibonacci	24.96	25.21	25.36	25.61	25.85	26.01	26.25

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.10	25.37	25.76	26.03	26.42	26.69	27.08
Camarilla	25.97	26.03	26.09	26.15	26.21	26.27	26.33
Woodie	25.16	25.40	25.82	26.06	26.48	26.72	27.14
Fibonacci	25.37	25.62	25.78	26.03	26.28	26.44	26.69

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	21.54	22.47	24.13	25.06	26.72	27.65	29.31
Camarilla	25.07	25.31	25.54	25.78	26.02	26.26	26.49
Woodie	21.90	22.65	24.49	25.24	27.08	27.83	29.67
Fibonacci	22.47	23.46	24.07	25.06	26.05	26.66	27.65

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	49.31
MACD (12,26,9):	0.2400
Directional Movement:	-0.55
AROON (14):	-71.43
DEMA (21):	26.03
Parabolic SAR (0,02-0,02-0,2):	26.30
Elder Ray (13):	-0.25
Super Trend (3,10):	25.11
Zig ZAG (10):	25.45
VORTEX (21):	0.9800
Stochastique (14,3,5):	30.80
TEMA (21):	25.89
Williams %R (14):	-85.45
Chande Momentum Oscillator (20):	-0.73
Repulse (5,40,3):	-2.3100
ROCnROLL:	-1
TRIX (15,9):	0.2100
Courbe Coppock:	0.48

MA7:	25.81
MA20:	25.83
MA50:	24.82
MA100:	24.25
MAexp7:	25.73
MAexp20:	25.64
MAexp50:	25.05
MAexp100:	24.68
Price / MA7:	-1.39%
Price / MA20:	-1.47%
Price / MA50:	+2.54%
Price / MA100:	+4.95%
Price / MAexp7:	-1.09%
Price / MAexp20:	-0.74%
Price / MAexp50:	+1.60%
Price / MAexp100:	+3.12%

News

Don"t forget to follow the news on RADWARE. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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