RWL in downward trend: price dove below 50-day moving average on December 17, 2024
RWL moved below its 50-day moving average on December 17, 2024 date and that indicates a change from an upward trend to a downward trend. In of 43 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on RWL as a result. In of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for RWL turned negative on December 05, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where RWL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for RWL's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RWL advanced for three days, in of 349 cases, the price rose further within the following month. The odds of a continued upward trend are .
RWL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 350 cases where RWL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category LargeValue
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| SCIIX | 9.08 | N/A | N/A |
| Virtus SGA International Growth A | |||
| JIASX | 9.24 | -0.02 | -0.22% |
| JHancock Multi-Asset High Income R6 | |||
| BALFX | 35.05 | -0.19 | -0.54% |
| American Funds American Balanced F1 | |||
| APHTX | 22.48 | -0.17 | -0.75% |
| Artisan Focus Fund Institutional | |||
| ACGQX | 21.81 | -0.24 | -1.09% |
| Invesco Growth and Income R5 | |||
RWL and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, RWL has been closely correlated with VTV. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if RWL jumps, then VTV could also see price increases.