In its latest trading session, ReWalk Robotics Ltd. (NASDAQ:RWLK) dropped by -3.5% – here is what that looked like (as of 2019-12-24):
Why are these moves happning?? To have a greater insight of what is happening, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 51.642, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.112, an Accumulation/Distribution Index (ADI) of 0.112, an On-Balance Volume (OBV) of 11.137, and a Chaiikin Money Flow (CMF) of 2.27. 2.667
So what do these technical indicators mean? Let’s see. Consulting Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for ReWalk Robotics Ltd. (NASDAQ:RWLK). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.