RADA ELECTRONIC INDS LTD (RADA) Stock Technical Analysis
NASDAQ:RADA - Nasdaq - IL0010826506 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to RADA. RADA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
RADA is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month RADA has a been trading in the 9.28 - 11.76 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the performance of all stocks over the past year, RADA turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
RADA is an average performer in the Aerospace & Defense industry, it outperforms 45% of 65 stocks in the same industry.
RADA has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.19
11.42
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.64 to 9.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 9.28 to 9.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 10.12 to 10.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.53 from a trend line in the weekly time frame.
- Resistance @10.91 from a trend line in the daily time frame.
- A resistance zone ranging from 11.19 to 11.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.64
Mansfield-0.83
10 Day High10.27
10 Day Low9.28
20 Day High11.76
20 Day Low9.28
52 Week High16.7
52 Week Low7.51
Performance
1 Week3.35%
2 Weeks-1.6%
1 Month-10.03%
3 Month-5.19%
6 Month-19.63%
12 Month-0.2%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)44.48
LBB9.34
UBB10.59
9.87
-0.04 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-0.4%
1 Week3.35%
2 Weeks-1.6%
1 Month-10.03%
3 Month-5.19%
6 Month-19.63%
12 Month-0.2%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%5.09%
ATR Inc-27.01%
Range Today0.34
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.64
Mansfield-0.83
10 Day High10.27
10 Day Low9.28
20 Day High11.76
20 Day Low9.28
52 Week High16.7
52 Week Low7.51
CS1 End9.64
CR1 Start10.12
Volume & EV
DER(3)-4.53%
DER(5)-1.92%
Volume413.10K
Volume Incr13.73%
Vol(5)247.42K
Vol(50)196.70K