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Radware Ltd
Buy, Hold or Sell?

Let's analyse Radware together

PenkeI guess you are interested in Radware Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Radware Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Radware (30 sec.)










What can you expect buying and holding a share of Radware? (30 sec.)

How much money do you get?

How much money do you get?
$0.51
When do you have the money?
1 year
How often do you get paid?
7.5%

What is your share worth?

Current worth
$7.69
Expected worth in 1 year
$7.11
How sure are you?
52.5%

+ What do you gain per year?

Total Gains per Share
$-0.07
Return On Investment
-0.4%

For what price can you sell your share?

Current Price per Share
$18.72
Expected price per share
$17.26 - $23.46
How sure are you?
50%

1. Valuation of Radware (5 min.)




Live pricePrice per Share (EOD)

$18.72

Intrinsic Value Per Share

$-4.18 - $-3.61

Total Value Per Share

$3.51 - $4.08

2. Growth of Radware (5 min.)




Is Radware growing?

Current yearPrevious yearGrowGrow %
How rich?$323.2m$371.9m-$33.2m-9.8%

How much money is Radware making?

Current yearPrevious yearGrowGrow %
Making money-$5.3m-$2.3m-$3m-55.9%
Net Profit Margin-8.4%-3.2%--

How much money comes from the company's main activities?

3. Financial Health of Radware (5 min.)




What can you expect buying and holding a share of Radware? (5 min.)

Welcome investor! Radware's management wants to use your money to grow the business. In return you get a share of Radware.

What can you expect buying and holding a share of Radware?

First you should know what it really means to hold a share of Radware. And how you can make/lose money.

Speculation

The Price per Share of Radware is $18.72. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Radware.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Radware, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $7.69. Based on the TTM, the Book Value Change Per Share is $-0.14 per quarter. Based on the YOY, the Book Value Change Per Share is $0.06 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.13 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Radware.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.14-0.7%-0.13-0.7%-0.010.0%0.020.1%0.030.2%
Usd Book Value Change Per Share0.000.0%-0.14-0.8%0.060.3%0.010.0%0.030.2%
Usd Dividend Per Share0.000.0%0.130.7%0.000.0%0.030.1%0.010.1%
Usd Total Gains Per Share0.000.0%-0.02-0.1%0.060.3%0.030.2%0.050.3%
Usd Price Per Share16.68-18.63-23.80-24.97-21.64-
Price to Earnings Ratio-29.97--42.32-15.01-49.79-38.72-
Price-to-Total Gains Ratio-7,016.62--1,867.02-28.63--512.23-557.63-
Price to Book Ratio2.17-2.36-2.90-3.11-2.86-
Price-to-Total Gains Ratio-7,016.62--1,867.02-28.63--512.23-557.63-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share18.72
Number of shares53
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.130.03
Usd Book Value Change Per Share-0.140.01
Usd Total Gains Per Share-0.020.03
Gains per Quarter (53 shares)-0.891.74
Gains per Year (53 shares)-3.556.98
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
127-31-1452-3
254-61-181134
381-92-2216511
4108-122-2622618
5135-153-3027825
6162-183-3432932
7189-214-38381139
8216-244-42431346
9243-275-46491453
10270-305-50541660

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%5.07.00.041.7%13.07.00.065.0%27.013.00.067.5%66.016.00.080.5%
Book Value Change Per Share0.04.00.00.0%3.07.02.025.0%7.09.04.035.0%20.014.06.050.0%52.020.010.063.4%
Dividend per Share3.00.01.075.0%3.00.09.025.0%3.00.017.015.0%3.00.037.07.5%3.00.079.03.7%
Total Gains per Share1.03.00.025.0%4.06.02.033.3%8.08.04.040.0%21.013.06.052.5%53.019.010.064.6%

Fundamentals of Radware

About Radware Ltd

Radware Ltd., together with its subsidiaries, develops, manufactures, and markets cyber security and application delivery solutions for applications in cloud, on-premise, and software defined data centers worldwide. It offers DefensePro, a real-time network attack mitigation device that protects the data center and application infrastructure; Radware Kubernetes, a Web Application Firewall solution; and Cyber Controller, a unified solution for management, configuration, and attack lifecycle. The company also provides Alteon, an application delivery controller/load balancer for web, cloud, and mobile based applications; and LinkProof NG, a multi-homing and enterprise gateway solution for connectivity of enterprise and cloud-based applications. In addition, it offers ERT Security Updates Subscription, which provides protection from network elements, hosts and applications against the latest security vulnerabilities and threats; ERT Active Attackers Feed, a threat intelligence feed to protect against emerging DDoS threats, including Internet of Things botnets and DNS attack vectors; ERT Protection Packages; Alteon Global Elastic License that enables a high level of flexibility for ADC services across datacenters, private and public clouds; APSolute Vision, a network management and monitoring tool for cyber security and application delivery solutions; MSSP Portal, a DDoS detection and mitigation service portal; and Location-based Mitigation, a subscription offering that enables network traffic filtering by countries and regions based on the geolocation mapping of IP subnets. Further, the company provides Cloud DDoS Protection Service, which offers a range of enterprise-grade DDoS protection services in the cloud, as well as technical support, professional, managed, and training and certification services to its customers. It sells its products primarily to independent distributors, including value added resellers, original equipment manufacturers, and system integrators. The company was founded in 1996 and is headquar

Fundamental data was last updated by Penke on 2024-03-22 01:53:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Radware Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Radware earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Radware to the Software - Infrastructure industry mean.
  • A Net Profit Margin of -9.0% means that $-0.09 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Radware Ltd:

  • The MRQ is -9.0%. The company is making a loss. -1
  • The TTM is -8.4%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-9.0%TTM-8.4%-0.6%
TTM-8.4%YOY-3.2%-5.1%
TTM-8.4%5Y1.3%-9.7%
5Y1.3%10Y2.8%-1.4%
1.1.2. Return on Assets

Shows how efficient Radware is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Radware to the Software - Infrastructure industry mean.
  • -1.0% Return on Assets means that Radware generated $-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Radware Ltd:

  • The MRQ is -1.0%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.9%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.0%TTM-0.9%-0.1%
TTM-0.9%YOY-0.4%-0.5%
TTM-0.9%5Y0.1%-1.1%
5Y0.1%10Y0.4%-0.2%
1.1.3. Return on Equity

Shows how efficient Radware is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Radware to the Software - Infrastructure industry mean.
  • -2.1% Return on Equity means Radware generated $-0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Radware Ltd:

  • The MRQ is -2.1%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1.8%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.1%TTM-1.8%-0.2%
TTM-1.8%YOY-0.7%-1.1%
TTM-1.8%5Y0.1%-1.9%
5Y0.1%10Y0.4%-0.3%

1.2. Operating Efficiency of Radware Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Radware is operating .

  • Measures how much profit Radware makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Radware to the Software - Infrastructure industry mean.
  • An Operating Margin of -9.9% means the company generated $-0.10  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Radware Ltd:

  • The MRQ is -9.9%. The company is operating very inefficient. -2
  • The TTM is -11.9%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-9.9%TTM-11.9%+1.9%
TTM-11.9%YOY-0.8%-11.1%
TTM-11.9%5Y1.2%-13.1%
5Y1.2%10Y1.7%-0.5%
1.2.2. Operating Ratio

Measures how efficient Radware is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • An Operation Ratio of 1.10 means that the operating costs are $1.10 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Radware Ltd:

  • The MRQ is 1.099. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.119. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.099TTM1.119-0.019
TTM1.119YOY1.008+0.111
TTM1.1195Y0.988+0.131
5Y0.98810Y0.977+0.012

1.3. Liquidity of Radware Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Radware is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A Current Ratio of 2.43 means the company has $2.43 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Radware Ltd:

  • The MRQ is 2.430. The company is able to pay all its short-term debts. +1
  • The TTM is 2.361. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.430TTM2.361+0.069
TTM2.361YOY1.958+0.404
TTM2.3615Y2.193+0.169
5Y2.19310Y2.372-0.179
1.3.2. Quick Ratio

Measures if Radware is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Radware to the Software - Infrastructure industry mean.
  • A Quick Ratio of 3.95 means the company can pay off $3.95 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Radware Ltd:

  • The MRQ is 3.950. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 4.069. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ3.950TTM4.069-0.119
TTM4.069YOY3.279+0.790
TTM4.0695Y3.665+0.404
5Y3.66510Y3.728-0.062

1.4. Solvency of Radware Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Radware assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Radware to Software - Infrastructure industry mean.
  • A Debt to Asset Ratio of 0.44 means that Radware assets are financed with 43.5% credit (debt) and the remaining percentage (100% - 43.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Radware Ltd:

  • The MRQ is 0.435. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.433. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.435TTM0.433+0.002
TTM0.433YOY0.423+0.011
TTM0.4335Y0.389+0.044
5Y0.38910Y0.336+0.053
1.4.2. Debt to Equity Ratio

Measures if Radware is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Radware to the Software - Infrastructure industry mean.
  • A Debt to Equity ratio of 87.7% means that company has $0.88 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Radware Ltd:

  • The MRQ is 0.877. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.862. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.877TTM0.862+0.014
TTM0.862YOY0.790+0.072
TTM0.8625Y0.675+0.187
5Y0.67510Y0.535+0.139

2. Market Valuation of Radware Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Radware generates.

  • Above 15 is considered overpriced but always compare Radware to the Software - Infrastructure industry mean.
  • A PE ratio of -29.97 means the investor is paying $-29.97 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Radware Ltd:

  • The EOD is -33.641. Based on the earnings, the company is expensive. -2
  • The MRQ is -29.975. Based on the earnings, the company is expensive. -2
  • The TTM is -42.322. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-33.641MRQ-29.975-3.666
MRQ-29.975TTM-42.322+12.347
TTM-42.322YOY15.010-57.332
TTM-42.3225Y49.791-92.114
5Y49.79110Y38.720+11.072
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Radware Ltd:

  • The EOD is 70.395. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 62.723. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 7.922. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD70.395MRQ62.723+7.671
MRQ62.723TTM7.922+54.801
TTM7.922YOY-46.271+54.193
TTM7.9225Y24.221-16.298
5Y24.22110Y23.244+0.976
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Radware is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A PB ratio of 2.17 means the investor is paying $2.17 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Radware Ltd:

  • The EOD is 2.435. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.170. Based on the equity, the company is underpriced. +1
  • The TTM is 2.359. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.435MRQ2.170+0.265
MRQ2.170TTM2.359-0.189
TTM2.359YOY2.903-0.544
TTM2.3595Y3.107-0.748
5Y3.10710Y2.855+0.252
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Radware Ltd.

3.1. Institutions holding Radware Ltd

Institutions are holding 75.602% of the shares of Radware Ltd.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31RIMA MANAGEMENT, LLC9.78712.6392411559700
2023-12-31Morgan Stanley - Brokerage Accounts8.46450.0052355943750930416.6978
2023-12-31First Trust Advisors L.P.5.81890.04452446925116153590.3644
2023-12-31Artisan Partners Limited Partnership5.61390.06062360703-55296-2.2887
2023-12-31Legal & General Group PLC5.03170.00912115897-81858-3.7246
2023-12-31Mirae Asset Global Investments (Korea) Co Ltd3.93510.0561165473530839622.9063
2023-12-31Phoenix Holdings Ltd3.90270.51011641130-3025490-64.8326
2023-12-31Acadian Asset Management LLC3.88920.1057163547016875911.5059
2023-12-31Renaissance Technologies Corp3.78540.0411159182397000.6131
2023-12-31BlackRock Inc2.96830.00051248199370913.0626
2023-12-31Neuberger Berman Group LLC2.57690.01581083608-29319-2.6344
2023-12-31Rice Hall James & Associates, LLC2.17350.8828913993-37814-3.9729
2023-12-31Herald Investment Management Ltd1.90242.5489800000-25000-3.0303
2023-12-31HighTower Advisors, LLC1.1720.0138492857-5902-1.1833
2023-12-31State Street Corporation0.98840.0003415617-96864-18.901
2023-12-31Yelin Lapidot Holdings Management Ltd0.97081.64384082523460.0848
2023-12-31JPMorgan Chase & Co0.71080.00052989003846014.7673
2023-12-31Millennium Management LLC0.66210.0022784382584251291.2857
2023-12-31Man Group PLC0.63050.01232651332990.1129
2023-12-31Granahan Investment Management Inc..0.39960.0926168027-97295-36.6705
Total 65.38388.684927494741-962523-3.5%

3.2. Funds holding Radware Ltd

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-02-29L&G Cyber Security ETF5.01931.38692110658-10644-0.5018
2024-02-29First Trust NASDAQ Cybersecurity ETF4.92330.537207031043500.2106
2024-02-29Global X Cybersecurity ETF4.0053.7824168413100
2023-12-31Artisan Non-U.S. Small-Mid Growth Comp3.52970.5516148429900
2023-12-31Artisan International Small-Mid Investor3.52970.5521148429900
2023-09-30Herald Ord1.90240.979480000000
2024-02-29First Trust Nasdaq Cybscty ETF A USD Acc1.34051.319756370300
2024-01-31Neuberger Berman Intrinsic Value I1.0240.526443058500
2023-10-31Old Westbury Small & Mid Cap Strategies0.87370.0809367396-31593-7.9183
2024-02-29iShares Cybersecurity and Tech ETF0.81860.709734424000
2024-02-29iShares Core MSCI EAFE ETF0.73180.00530774200
2023-12-31Acadian Non-US Small-Cap Developed Eqty0.38690.1204162696144329.734
2024-02-29iShares MSCI EAFE Small-Cap ETF0.35610.026914972500
2024-02-29ARK Israel Innovative Technology ETF0.30121.995712664700
2024-01-31State St Gbl Sm Cp Eq ex-US Indx NL Cl A0.22570.018894905890010.3482
2023-11-30Neuberger Berman US SCp Intrs Val $I Acc0.19110.4318034800
2024-01-31Nordea 2 - Global Enhanced Sm Cap BI USD0.18830.12777916500
2024-01-24iShares Core MSCI Total Intl Stk ETF0.18350.00427715400
2024-02-29Global X Cybersecurity ETF USD Acc0.13893.79215842800
2023-11-30M&G (ACS) Granahan US Sm Cp Gr GBPZ1AAcc0.13810.22515808300
Total 29.807817.17312534514-14555-0.1%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Radware Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.002-0.144+5956%0.055-104%0.007-132%0.034-107%
Book Value Per Share--7.6887.882-2%8.218-6%8.037-4%7.526+2%
Current Ratio--2.4302.361+3%1.958+24%2.193+11%2.372+2%
Debt To Asset Ratio--0.4350.433+0%0.423+3%0.389+12%0.336+30%
Debt To Equity Ratio--0.8770.862+2%0.790+11%0.675+30%0.535+64%
Dividend Per Share--0.0000.127-100%-+100%0.025-100%0.013-100%
Eps---0.139-0.126-9%-0.005-96%0.015-1020%0.032-530%
Free Cash Flow Per Share--0.066-0.046+169%0.345-81%0.214-69%0.217-69%
Free Cash Flow To Equity Per Share---0.233-0.427+83%0.262-189%0.067-450%0.126-285%
Gross Profit Margin--1.0006.078-84%4.493-78%-2.199+320%-0.589+159%
Intrinsic Value_10Y_max---3.607--------
Intrinsic Value_10Y_min---4.178--------
Intrinsic Value_1Y_max--0.690--------
Intrinsic Value_1Y_min--0.650--------
Intrinsic Value_3Y_max--1.272--------
Intrinsic Value_3Y_min--1.040--------
Intrinsic Value_5Y_max--0.888--------
Intrinsic Value_5Y_min--0.424--------
Market Cap787196592.000+11%701412348.000801731959.443-13%1079235241.215-35%1161749800.951-40%1002170416.592-30%
Net Profit Margin---0.090-0.084-7%-0.032-64%0.013-781%0.028-425%
Operating Margin---0.099-0.119+20%-0.008-92%0.012-944%0.017-692%
Operating Ratio--1.0991.119-2%1.008+9%0.988+11%0.977+13%
Pb Ratio2.435+11%2.1702.359-8%2.903-25%3.107-30%2.855-24%
Pe Ratio-33.641-12%-29.975-42.322+41%15.010-300%49.791-160%38.720-177%
Price Per Share18.720+11%16.68018.633-10%23.795-30%24.974-33%21.640-23%
Price To Free Cash Flow Ratio70.395+11%62.7237.922+692%-46.271+174%24.221+159%23.244+170%
Price To Total Gains Ratio-7874.767-12%-7016.619-1867.016-73%28.629-24608%-512.230-93%557.631-1358%
Quick Ratio--3.9504.069-3%3.279+20%3.665+8%3.728+6%
Return On Assets---0.010-0.009-11%-0.004-63%0.001-804%0.004-389%
Return On Equity---0.021-0.018-11%-0.007-67%0.001-1927%0.004-578%
Total Gains Per Share---0.002-0.017+603%0.055-104%0.033-107%0.047-105%
Usd Book Value--323274000.000338637000.000-5%371913000.000-13%372132550.000-13%346614625.000-7%
Usd Book Value Change Per Share---0.002-0.144+5956%0.055-104%0.007-132%0.034-107%
Usd Book Value Per Share--7.6887.882-2%8.218-6%8.037-4%7.526+2%
Usd Dividend Per Share--0.0000.127-100%-+100%0.025-100%0.013-100%
Usd Eps---0.139-0.126-9%-0.005-96%0.015-1020%0.032-530%
Usd Free Cash Flow--2795653.000-1962586.750+170%15807750.000-82%10109082.650-72%9309791.325-70%
Usd Free Cash Flow Per Share--0.066-0.046+169%0.345-81%0.214-69%0.217-69%
Usd Free Cash Flow To Equity Per Share---0.233-0.427+83%0.262-189%0.067-450%0.126-285%
Usd Market Cap787196592.000+11%701412348.000801731959.443-13%1079235241.215-35%1161749800.951-40%1002170416.592-30%
Usd Price Per Share18.720+11%16.68018.633-10%23.795-30%24.974-33%21.640-23%
Usd Profit---5850000.000-5397500.000-8%-2381750.000-59%806250.000-826%1672200.000-450%
Usd Revenue--65032000.00065323000.0000%74090000.000-12%67914700.000-4%61313675.000+6%
Usd Total Gains Per Share---0.002-0.017+603%0.055-104%0.033-107%0.047-105%
 EOD+4 -4MRQTTM+14 -22YOY+7 -295Y+6 -3010Y+9 -27

4.2. Fundamental Score

Let's check the fundamental score of Radware Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-33.641
Price to Book Ratio (EOD)Between0-12.435
Net Profit Margin (MRQ)Greater than0-0.090
Operating Margin (MRQ)Greater than0-0.099
Quick Ratio (MRQ)Greater than13.950
Current Ratio (MRQ)Greater than12.430
Debt to Asset Ratio (MRQ)Less than10.435
Debt to Equity Ratio (MRQ)Less than10.877
Return on Equity (MRQ)Greater than0.15-0.021
Return on Assets (MRQ)Greater than0.05-0.010
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of Radware Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.356
Ma 20Greater thanMa 5019.064
Ma 50Greater thanMa 10018.527
Ma 100Greater thanMa 20017.225
OpenGreater thanClose18.800
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Accumulated Other Comprehensive Income  -4,844125-4,71939-4,680506-4,1744,25177



Latest Balance Sheet

Balance Sheet of 2023-12-31. All numbers in thousands.

Summary
Total Assets572,288
Total Liabilities249,014
Total Stockholder Equity284,091
 As reported
Total Liabilities 249,014
Total Stockholder Equity+ 284,091
Total Assets = 572,288

Assets

Total Assets572,288
Total Current Assets375,106
Long-term Assets197,182
Total Current Assets
Cash And Cash Equivalents 70,538
Short-term Investments 260,050
Net Receivables 18,959
Inventory 15,544
Other Current Assets 10,015
Total Current Assets  (as reported)375,106
Total Current Assets  (calculated)375,106
+/-0
Long-term Assets
Property Plant Equipment 38,998
Goodwill 68,008
Long-term Assets Other 41,327
Long-term Assets  (as reported)197,182
Long-term Assets  (calculated)148,333
+/- 48,849

Liabilities & Shareholders' Equity

Total Current Liabilities154,335
Long-term Liabilities94,679
Total Stockholder Equity284,091
Total Current Liabilities
Short-term Debt 4,684
Accounts payable 4,298
Other Current Liabilities 41,650
Total Current Liabilities  (as reported)154,335
Total Current Liabilities  (calculated)50,632
+/- 103,703
Long-term Liabilities
Long-term Liabilities  (as reported)94,679
Long-term Liabilities  (calculated)0
+/- 94,679
Total Stockholder Equity
Common Stock733
Retained Earnings 119,812
Accumulated Other Comprehensive Income 77
Other Stockholders Equity 163,469
Total Stockholder Equity (as reported)284,091
Total Stockholder Equity (calculated)284,091
+/-0
Other
Cash and Short Term Investments 330,588
Common Stock Shares Outstanding 41,806
Current Deferred Revenue103,703
Liabilities and Stockholders Equity 572,288
Net Debt -49,834
Net Working Capital 220,771
Short Long Term Debt Total 20,704



Balance Sheet

All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-302000-03-311999-12-311999-09-301999-06-301999-03-31
> Total Assets 
0
0
72,289
74,734
137,879
140,236
143,447
150,095
151,571
152,887
150,191
144,461
144,461
143,239
142,903
142,998
142,998
146,664
151,284
158,114
163,562
167,610
172,762
183,241
183,241
189,122
199,272
204,347
204,347
215,807
209,567
215,668
215,668
215,097
215,264
216,067
216,067
208,097
196,927
185,464
195,840
197,731
203,494
208,900
208,900
228,310
250,538
260,635
272,557
285,499
288,210
295,598
316,404
329,532
343,601
357,650
369,777
376,016
380,968
388,734
404,411
409,543
419,990
442,600
443,441
454,035
426,754
431,306
431,306
430,982
423,033
429,839
429,839
445,844
443,910
469,088
486,184
498,016
514,356
532,317
532,317
577,033
587,491
595,657
595,657
612,504
606,892
623,444
623,444
621,352
627,962
634,865
634,865
652,185
642,020
647,405
632,091
610,938
574,202
572,288
572,288574,202610,938632,091647,405642,020652,185634,865634,865627,962621,352623,444623,444606,892612,504595,657595,657587,491577,033532,317532,317514,356498,016486,184469,088443,910445,844429,839429,839423,033430,982431,306431,306426,754454,035443,441442,600419,990409,543404,411388,734380,968376,016369,777357,650343,601329,532316,404295,598288,210285,499272,557260,635250,538228,310208,900208,900203,494197,731195,840185,464196,927208,097216,067216,067215,264215,097215,668215,668209,567215,807204,347204,347199,272189,122183,241183,241172,762167,610163,562158,114151,284146,664142,998142,998142,903143,239144,461144,461150,191152,887151,571150,095143,447140,236137,87974,73472,28900
   > Total Current Assets 
0
0
71,366
73,364
136,369
138,058
141,034
145,865
145,513
145,220
141,819
139,503
139,503
80,740
79,799
65,109
65,109
68,111
64,254
76,659
79,953
122,337
126,968
127,612
127,612
119,449
142,197
148,267
148,267
146,211
145,547
166,716
166,716
155,951
166,185
177,925
177,925
113,631
111,923
110,902
92,839
107,064
93,407
88,419
88,419
95,946
107,372
120,592
106,917
120,019
133,433
144,830
160,872
169,314
156,190
123,135
102,038
100,686
143,427
180,250
210,082
207,805
193,427
151,800
155,139
127,651
141,058
178,443
178,443
268,354
249,451
266,766
266,766
196,806
200,732
248,135
236,773
297,260
345,130
358,633
358,633
295,191
258,783
222,533
222,533
266,100
326,754
347,981
347,981
357,001
309,324
320,201
320,201
317,414
301,514
335,870
362,012
381,593
358,025
375,106
375,106358,025381,593362,012335,870301,514317,414320,201320,201309,324357,001347,981347,981326,754266,100222,533222,533258,783295,191358,633358,633345,130297,260236,773248,135200,732196,806266,766266,766249,451268,354178,443178,443141,058127,651155,139151,800193,427207,805210,082180,250143,427100,686102,038123,135156,190169,314160,872144,830133,433120,019106,917120,592107,37295,94688,41988,41993,407107,06492,839110,902111,923113,631177,925177,925166,185155,951166,716166,716145,547146,211148,267148,267142,197119,449127,612127,612126,968122,33779,95376,65964,25468,11165,10965,10979,79980,740139,503139,503141,819145,220145,513145,865141,034138,058136,36973,36471,36600
       Cash And Cash Equivalents 
0
0
67,394
68,747
80,844
60,056
7,037
4,501
4,784
2,767
1,208
340
340
66,792
66,604
16,097
16,097
55,518
50,732
31,771
38,394
19,712
26,804
30,073
30,073
5,406
58,250
56,263
56,263
38,657
47,460
25,324
25,324
62,433
73,680
61,376
61,376
49,311
25,533
28,065
28,756
18,968
26,130
29,973
29,973
22,918
23,544
66,725
66,446
19,349
15,729
17,386
123,429
130,085
114,416
20,048
15,375
16,535
20,568
20,067
22,049
20,062
24,468
45,000
44,979
28,024
20,755
33,744
33,744
21,928
38,858
79,639
79,639
50,086
53,530
65,237
61,987
61,676
59,565
45,203
45,203
34,191
39,955
40,751
40,751
48,650
48,429
54,771
54,771
61,057
63,205
92,513
92,513
49,199
42,469
46,185
41,882
42,644
32,422
70,538
70,53832,42242,64441,88246,18542,46949,19992,51392,51363,20561,05754,77154,77148,42948,65040,75140,75139,95534,19145,20345,20359,56561,67661,98765,23753,53050,08679,63979,63938,85821,92833,74433,74420,75528,02444,97945,00024,46820,06222,04920,06720,56816,53515,37520,048114,416130,085123,42917,38615,72919,34966,44666,72523,54422,91829,97329,97326,13018,96828,75628,06525,53349,31161,37661,37673,68062,43325,32425,32447,46038,65756,26356,26358,2505,40630,07330,07326,80419,71238,39431,77150,73255,51816,09716,09766,60466,7923403401,2082,7674,7844,5017,03760,05680,84468,74767,39400
       Short-term Investments 
0
0
0
0
50,300
71,200
124,300
126,323
126,402
126,034
124,349
125,340
125,340
0
0
36,177
36,177
0
0
31,111
26,920
86,142
83,092
78,947
78,947
94,554
62,495
70,638
70,638
81,729
73,517
115,051
115,051
71,140
67,507
90,734
90,734
41,317
62,447
60,731
39,785
61,896
39,954
29,117
29,117
46,706
56,924
24,200
11,941
69,328
85,152
99,107
7,058
5,671
8,847
68,159
47,405
38,302
70,326
114,759
144,714
144,750
113,280
59,400
59,437
52,617
70,939
96,925
96,925
199,806
168,138
146,447
146,447
106,180
112,259
135,724
133,431
190,856
240,303
271,196
271,196
219,867
181,989
137,200
137,200
177,705
242,605
255,722
255,722
251,519
210,442
195,376
195,376
231,611
226,419
251,859
280,980
299,991
289,322
260,050
260,050289,322299,991280,980251,859226,419231,611195,376195,376210,442251,519255,722255,722242,605177,705137,200137,200181,989219,867271,196271,196240,303190,856133,431135,724112,259106,180146,447146,447168,138199,80696,92596,92570,93952,61759,43759,400113,280144,750144,714114,75970,32638,30247,40568,1598,8475,6717,05899,10785,15269,32811,94124,20056,92446,70629,11729,11739,95461,89639,78560,73162,44741,31790,73490,73467,50771,140115,051115,05173,51781,72970,63870,63862,49594,55478,94778,94783,09286,14226,92031,1110036,17736,17700125,340125,340124,349126,034126,402126,323124,30071,20050,3000000
       Net Receivables 
0
0
3,460
3,835
4,169
5,078
7,150
10,867
10,165
12,248
11,315
9,042
9,042
9,808
9,653
9,847
9,847
10,105
10,731
10,779
11,623
13,240
13,489
14,498
14,498
15,026
16,815
16,112
16,112
18,956
17,711
19,449
19,449
16,633
19,902
20,387
20,387
16,818
17,218
15,394
12,761
15,412
15,734
16,603
16,603
16,567
16,729
16,543
17,712
16,050
17,661
12,565
14,858
17,733
15,713
22,383
26,004
31,907
38,698
31,234
28,537
28,017
39,337
25,600
33,879
30,697
24,181
31,452
31,452
30,439
25,643
23,566
23,566
21,085
16,219
28,402
22,435
26,285
24,799
23,833
23,833
25,169
21,756
30,642
30,642
25,639
22,430
23,553
23,553
31,225
23,274
20,732
20,732
25,201
21,772
26,398
27,871
26,635
23,287
18,959
18,95923,28726,63527,87126,39821,77225,20120,73220,73223,27431,22523,55323,55322,43025,63930,64230,64221,75625,16923,83323,83324,79926,28522,43528,40216,21921,08523,56623,56625,64330,43931,45231,45224,18130,69733,87925,60039,33728,01728,53731,23438,69831,90726,00422,38315,71317,73314,85812,56517,66116,05017,71216,54316,72916,56716,60316,60315,73415,41212,76115,39417,21816,81820,38720,38719,90216,63319,44919,44917,71118,95616,11216,11216,81515,02614,49814,49813,48913,24011,62310,77910,73110,1059,8479,8479,6539,8089,0429,04211,31512,24810,16510,8677,1505,0784,1693,8353,46000
       Other Current Assets 
0
0
0
0
50,264
71,244
124,272
1,613
-100
1,440
100
100
100
9,808
9,653
1,152
-100
10,105
100
1,089
100
100
1,835
1,332
1,884
-100
2,413
1,451
-100
-100
-100
1,996
2,322
200
2,733
3,195
-200
3,586
100
2,046
3,014
2,362
2,259
2,934
2,934
2,880
3,298
3,402
3,048
3,982
3,453
3,625
3,283
3,332
4,276
3,975
5,264
5,556
8,728
6,323
6,323
-100
10,463
8,107
8,107
100
8,792
5,042
5,042
100
100
4,159
4,159
-100
3,905
12,252
100
7,687
-100
7,071
7,071
0
0
7,469
7,469
0
0
6,526
6,526
0
0
8,046
8,046
0
8,421
7,196
9,114
9,815
10,915
10,015
10,01510,9159,8159,1147,1968,42108,0468,046006,5266,526007,4697,469007,0717,071-1007,68710012,2523,905-1004,1594,1591001005,0425,0428,7921008,1078,10710,463-1006,3236,3238,7285,5565,2643,9754,2763,3323,2833,6253,4533,9823,0483,4023,2982,8802,9342,9342,2592,3623,0142,0461003,586-2003,1952,7332002,3221,996-100-100-1001,4512,413-1001,8841,3321,8351001001,08910010,105-1001,1529,6539,8081001001001,440-1001,613124,27271,24450,2640000
   > Long-term Assets 
0
0
923
1,370
1,510
2,178
2,413
4,230
6,058
7,667
8,372
4,958
4,958
62,499
63,104
77,889
77,889
78,553
87,030
81,455
83,609
45,273
45,794
55,629
55,629
69,673
57,075
56,080
56,080
69,596
64,020
48,952
48,952
59,146
49,079
38,142
38,142
94,466
85,004
74,562
103,001
90,667
110,087
120,481
120,481
132,364
143,166
140,043
165,640
165,480
154,777
150,768
155,532
160,218
187,411
234,515
267,739
275,330
237,541
208,484
194,329
201,738
226,563
0
288,302
326,384
285,696
252,863
252,863
162,628
173,582
163,073
163,073
249,038
243,178
220,953
249,411
200,756
169,226
173,684
173,684
281,842
328,708
373,124
373,124
346,404
280,138
275,463
275,463
264,351
318,638
314,664
314,664
334,771
340,506
311,535
270,079
229,345
216,177
197,182
197,182216,177229,345270,079311,535340,506334,771314,664314,664318,638264,351275,463275,463280,138346,404373,124373,124328,708281,842173,684173,684169,226200,756249,411220,953243,178249,038163,073163,073173,582162,628252,863252,863285,696326,384288,3020226,563201,738194,329208,484237,541275,330267,739234,515187,411160,218155,532150,768154,777165,480165,640140,043143,166132,364120,481120,481110,08790,667103,00174,56285,00494,46638,14238,14249,07959,14648,95248,95264,02069,59656,08056,08057,07569,67355,62955,62945,79445,27383,60981,45587,03078,55377,88977,88963,10462,4994,9584,9588,3727,6676,0584,2302,4132,1781,5101,37092300
       Property Plant Equipment 
0
0
724
1,036
1,181
1,787
1,949
2,788
3,652
4,306
4,235
4,037
4,037
3,890
3,718
3,644
3,644
3,283
3,231
3,479
3,520
3,607
3,720
4,452
4,452
5,068
5,709
5,968
5,968
6,847
8,166
9,253
9,253
11,267
11,652
12,217
12,217
12,722
12,206
11,693
11,786
11,937
11,911
11,220
11,220
11,240
10,612
11,801
11,552
11,863
11,664
11,084
10,986
10,663
11,420
13,589
14,664
16,329
16,899
17,523
18,048
17,858
19,242
20,592
20,592
23,911
25,275
26,203
26,203
27,177
27,404
26,354
26,354
25,711
24,487
23,642
23,477
22,453
21,848
23,677
23,677
43,406
42,105
41,115
41,115
47,780
51,326
50,799
50,799
47,355
45,737
45,069
45,069
44,118
45,346
44,146
42,641
41,000
39,453
38,998
38,99839,45341,00042,64144,14645,34644,11845,06945,06945,73747,35550,79950,79951,32647,78041,11541,11542,10543,40623,67723,67721,84822,45323,47723,64224,48725,71126,35426,35427,40427,17726,20326,20325,27523,91120,59220,59219,24217,85818,04817,52316,89916,32914,66413,58911,42010,66310,98611,08411,66411,86311,55211,80110,61211,24011,22011,22011,91111,93711,78611,69312,20612,72212,21712,21711,65211,2679,2539,2538,1666,8475,9685,9685,7095,0684,4524,4523,7203,6073,5203,4793,2313,2833,6443,6443,7183,8904,0374,0374,2354,3063,6522,7881,9491,7871,1811,03672400
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,500
6,500
6,454
6,454
9,454
9,454
13,474
13,474
13,474
13,474
13,474
13,474
13,474
43,800
42,800
41,700
24,465
24,465
24,465
24,465
24,465
24,465
24,465
24,465
24,465
24,465
24,465
24,465
24,465
30,069
30,069
30,069
30,069
30,069
30,069
30,069
30,100
30,069
30,069
30,069
30,069
30,069
30,069
30,069
30,069
30,069
32,174
32,174
32,174
32,174
32,174
32,174
32,174
32,174
54,838
56,127
41,144
41,144
0
0
41,144
41,144
41,144
41,144
41,144
41,144
0
68,008
68,008
68,008
68,008
68,008
68,008
68,00868,00868,00868,00868,00868,008041,14441,14441,14441,14441,14441,1440041,14441,14456,12754,83832,17432,17432,17432,17432,17432,17432,17432,17430,06930,06930,06930,06930,06930,06930,06930,06930,06930,10030,06930,06930,06930,06930,06930,06930,06924,46524,46524,46524,46524,46524,46524,46524,46524,46524,46524,46524,46524,46541,70042,80043,80013,47413,47413,47413,47413,47413,47413,4749,4549,4546,4546,4546,5006,500000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
150,874
0
0
0
226,273
0
0
0
184,457
0
93,000
103,879
94,059
146,448
169,329
165,078
143,338
162,658
114,666
82,336
84,669
107,357
159,906
206,668
249,791
257,961
216,412
146,403
138,257
120,519
127,628
182,291
177,932
179,447
161,213
165,380
133,913
96,187
59,375
49,898
0
049,89859,37596,187133,913165,380161,213179,447177,932182,291127,628120,519138,257146,403216,412257,961249,791206,668159,906107,35784,66982,336114,666162,658143,338165,078169,329146,44894,059103,87993,0000184,457000226,273000150,87400000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,235
1,235
0
0
9,267
9,267
3,715
3,720
2,363
2,363
6,597
6,223
4,798
4,798
5,343
4,956
1,856
43,831
42,774
41,692
14,794
14,794
14,056
13,086
12,011
11,052
10,090
9,134
8,163
7,404
6,645
5,879
5,128
7,423
6,628
5,849
5,070
4,589
4,180
3,780
4,800
4,756
4,083
3,801
3,518
3,518
2,959
2,679
2,399
2,399
10,922
10,525
10,415
10,164
9,932
9,699
9,467
9,467
54,838
56,127
14,481
14,481
54,663
329,405
12,588
12,588
11,659
11,196
10,731
10,731
0
20,678
19,686
18,694
17,702
16,710
0
016,71017,70218,69419,68620,678010,73110,73111,19611,65912,58812,588329,40554,66314,48114,48156,12754,8389,4679,4679,6999,93210,16410,41510,52510,9222,3992,3992,6792,9593,5183,5183,8014,0834,7564,8003,7804,1804,5895,0705,8496,6287,4235,1285,8796,6457,4048,1639,13410,09011,05212,01113,08614,05614,79414,79441,69242,77443,8311,8564,9565,3434,7984,7986,2236,5972,3632,3633,7203,7159,2679,267001,2351,23500000000000000000000000
       Other Assets 
0
0
0
0
329
391
464
1,442
2,406
3,361
4,137
921
929
58,609
59,386
74,245
70,946
75,270
83,799
77,976
80,089
41,666
42,074
51,177
64,605
64,870
51,366
50,112
74,350
62,749
55,854
39,699
42,825
47,879
37,427
25,925
66,838
81,744
72,798
62,869
91,215
78,730
98,176
109,261
113,880
121,124
132,554
128,242
154,088
153,617
143,113
139,684
144,546
149,555
175,991
220,926
253,075
259,001
220,642
190,961
176,281
183,880
207,321
267,372
285,820
302,473
260,421
226,241
156,618
135,451
146,178
137,216
200,337
223,327
218,691
197,311
20,938
21,531
23,169
23,697
23,408
23,692
23,808
24,398
28,005
27,549
28,211
30,222
33,451
36,565
38,270
39,788
0
39,762
41,094
41,269
44,549
43,260
42,108
0
042,10843,26044,54941,26941,09439,762039,78838,27036,56533,45130,22228,21127,54928,00524,39823,80823,69223,40823,69723,16921,53120,938197,311218,691223,327200,337137,216146,178135,451156,618226,241260,421302,473285,820267,372207,321183,880176,281190,961220,642259,001253,075220,926175,991149,555144,546139,684143,113153,617154,088128,242132,554121,124113,880109,26198,17678,73091,21562,86972,79881,74466,83825,92537,42747,87942,82539,69955,85462,74974,35050,11251,36664,87064,60551,17742,07441,66680,08977,97683,79975,27070,94674,24559,38658,6099299214,1373,3612,4061,4424643913290000
> Total Liabilities 
0
0
3,796
5,315
7,327
8,444
9,792
14,119
13,407
12,598
13,011
15,522
15,522
16,087
16,029
15,610
15,610
16,740
17,976
17,807
18,950
19,197
20,310
22,324
22,324
22,176
25,426
26,921
26,921
31,247
30,211
33,254
33,254
37,315
38,366
39,354
39,354
42,535
42,840
37,402
53,450
54,015
57,897
59,427
59,427
69,498
71,661
75,645
77,486
82,259
79,714
76,277
80,255
82,372
83,964
86,420
90,235
93,652
91,540
94,614
101,386
103,924
105,242
108,900
109,744
110,182
104,882
111,764
111,764
122,513
114,345
130,210
130,210
145,123
140,981
153,732
156,478
155,846
159,274
168,360
168,360
195,883
200,683
200,326
200,326
225,408
223,289
234,983
234,983
246,678
242,376
264,872
264,872
276,656
268,333
278,962
270,180
266,568
249,209
249,014
249,014249,209266,568270,180278,962268,333276,656264,872264,872242,376246,678234,983234,983223,289225,408200,326200,326200,683195,883168,360168,360159,274155,846156,478153,732140,981145,123130,210130,210114,345122,513111,764111,764104,882110,182109,744108,900105,242103,924101,38694,61491,54093,65290,23586,42083,96482,37280,25576,27779,71482,25977,48675,64571,66169,49859,42759,42757,89754,01553,45037,40242,84042,53539,35439,35438,36637,31533,25433,25430,21131,24726,92126,92125,42622,17622,32422,32420,31019,19718,95017,80717,97616,74015,61015,61016,02916,08715,52215,52213,01112,59813,40714,1199,7928,4447,3275,3153,79600
   > Total Current Liabilities 
0
0
3,589
5,061
7,010
8,019
9,245
13,447
12,659
11,718
12,125
14,592
14,592
15,056
14,881
14,419
14,419
15,301
16,485
16,182
17,228
17,304
18,240
19,925
19,925
19,719
22,899
24,262
24,262
27,985
26,614
29,310
29,310
32,726
33,540
33,975
33,975
35,994
36,203
28,610
38,563
40,007
41,896
38,846
38,846
47,331
50,585
53,136
54,113
59,079
57,181
48,831
60,180
61,697
62,453
66,520
68,545
69,740
67,144
66,704
72,500
73,804
73,916
75,800
76,123
78,277
75,149
77,414
77,414
81,164
75,870
85,264
85,264
94,337
93,193
107,370
105,399
106,714
112,750
118,356
118,356
125,233
119,264
125,999
125,999
140,844
135,662
143,926
143,926
155,607
145,463
165,382
165,382
162,204
157,116
166,439
161,365
160,180
149,823
154,335
154,335149,823160,180161,365166,439157,116162,204165,382165,382145,463155,607143,926143,926135,662140,844125,999125,999119,264125,233118,356118,356112,750106,714105,399107,37093,19394,33785,26485,26475,87081,16477,41477,41475,14978,27776,12375,80073,91673,80472,50066,70467,14469,74068,54566,52062,45361,69760,18048,83157,18159,07954,11353,13650,58547,33138,84638,84641,89640,00738,56328,61036,20335,99433,97533,97533,54032,72629,31029,31026,61427,98524,26224,26222,89919,71919,92519,92518,24017,30417,22816,18216,48515,30114,41914,41914,88115,05614,59214,59212,12511,71812,65913,4479,2458,0197,0105,0613,58900
       Short-term Debt 
0
0
0
0
0
0
0
2,298
0
0
0
4,773
4,773
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,362
6,362
0
0
6,387
6,387
0
0
7,190
0
0
0
0
0
0
0
0
0
0
0
12,199
0
0
0
0
0
0
0
0
0
0
0
0
297
0
0
0
0
0
0
0
0
0
0
0
0
0
0
322
322
5,495
5,183
5,193
5,193
4,573
4,903
5,224
5,224
4,649
4,503
5,090
5,090
4,454
4,546
4,685
4,815
4,633
4,439
4,684
4,6844,4394,6334,8154,6854,5464,4545,0905,0904,5034,6495,2245,2244,9034,5735,1935,1935,1835,4953223220000000000000029700000000000012,199000000000007,190006,3876,387006,3626,3620000000000000000004,7734,7730002,2980000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,197
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000005,19700000000000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
1,253
1,813
2,899
2,717
2,494
6,677
4,213
3,921
3,195
2,541
2,541
3,185
2,633
2,612
2,612
2,498
3,432
4,285
3,753
3,372
3,897
5,075
5,075
3,404
4,719
5,329
5,329
5,927
4,549
6,956
6,956
6,318
6,255
7,537
7,537
5,365
4,393
4,646
4,501
4,345
5,726
5,699
5,699
4,584
5,503
5,913
4,331
6,314
5,844
5,099
6,144
4,798
7,379
9,915
6,365
8,896
6,005
8,798
7,828
8,609
10,997
9,817
9,817
7,314
6,026
9,255
9,255
6,087
5,051
5,971
5,971
5,967
4,552
5,367
4,320
4,744
5,424
4,483
4,483
3,802
4,005
6,878
6,878
4,896
3,818
4,620
4,620
5,548
2,994
3,805
3,805
7,440
6,770
8,067
4,827
7,847
6,069
4,298
4,2986,0697,8474,8278,0676,7707,4403,8053,8052,9945,5484,6204,6203,8184,8966,8786,8784,0053,8024,4834,4835,4244,7444,3205,3674,5525,9675,9715,9715,0516,0879,2559,2556,0267,3149,8179,81710,9978,6097,8288,7986,0058,8966,3659,9157,3794,7986,1445,0995,8446,3144,3315,9135,5034,5845,6995,6995,7264,3454,5014,6464,3935,3657,5377,5376,2556,3186,9566,9564,5495,9275,3295,3294,7193,4045,0755,0753,8973,3723,7534,2853,4322,4982,6122,6122,6333,1852,5412,5413,1953,9214,2136,6772,4942,7172,8991,8131,25300
       Other Current Liabilities 
0
0
2,336
3,248
4,111
5,302
6,751
2,062
8,446
7,797
8,930
3,069
3,069
11,871
12,248
6,517
6,517
12,800
13,100
4,839
13,400
13,900
14,300
4,962
4,962
16,300
18,200
6,509
6,509
22,100
22,100
280
280
26,400
27,200
1,656
1,656
30,600
31,800
2,678
34,100
35,700
36,200
12,413
12,413
42,747
45,082
14,316
49,782
52,765
51,337
2,940
54,036
56,899
55,074
20,301
62,180
60,844
61,100
19,232
19,232
65,200
62,900
60,579
24,043
71,000
25,800
22,098
22,098
22,547
22,201
26,232
26,232
25,187
25,107
32,174
24,248
25,212
30,663
29,596
29,596
29,729
28,089
34,689
34,689
33,672
36,128
41,955
41,955
43,144
44,424
56,565
56,565
38,120
38,683
45,444
41,877
36,391
33,206
41,650
41,65033,20636,39141,87745,44438,68338,12056,56556,56544,42443,14441,95541,95536,12833,67234,68934,68928,08929,72929,59629,59630,66325,21224,24832,17425,10725,18726,23226,23222,20122,54722,09822,09825,80071,00024,04360,57962,90065,20019,23219,23261,10060,84462,18020,30155,07456,89954,0362,94051,33752,76549,78214,31645,08242,74712,41312,41336,20035,70034,1002,67831,80030,6001,6561,65627,20026,40028028022,10022,1006,5096,50918,20016,3004,9624,96214,30013,90013,4004,83913,10012,8006,5176,51712,24811,8713,0693,0698,9307,7978,4462,0626,7515,3024,1113,2482,33600
   > Long-term Liabilities 
0
0
207
254
317
425
547
672
748
880
886
930
930
1,031
1,148
1,191
1,191
1,439
1,491
1,625
1,722
1,893
2,070
2,399
2,399
2,457
2,527
2,659
2,659
3,262
3,597
3,944
3,944
4,589
4,826
5,379
5,379
6,541
6,637
8,792
14,887
14,008
16,001
20,581
20,581
22,167
21,076
22,509
23,373
23,180
22,533
27,446
20,075
20,675
21,511
19,900
21,690
23,912
24,396
27,910
28,886
30,120
31,326
0
33,621
31,905
29,733
34,350
34,350
41,349
38,475
44,946
44,946
50,786
47,788
46,362
51,079
49,132
46,524
50,004
50,004
70,650
81,419
74,327
74,327
84,564
87,627
91,057
91,057
91,071
96,913
99,490
99,490
114,452
111,217
112,523
108,815
106,388
99,386
94,679
94,67999,386106,388108,815112,523111,217114,45299,49099,49096,91391,07191,05791,05787,62784,56474,32774,32781,41970,65050,00450,00446,52449,13251,07946,36247,78850,78644,94644,94638,47541,34934,35034,35029,73331,90533,621031,32630,12028,88627,91024,39623,91221,69019,90021,51120,67520,07527,44622,53323,18023,37322,50921,07622,16720,58120,58116,00114,00814,8878,7926,6376,5415,3795,3794,8264,5893,9443,9443,5973,2622,6592,6592,5272,4572,3992,3992,0701,8931,7221,6251,4911,4391,1911,1911,1481,03193093088688074867254742531725420700
       Other Liabilities 
0
0
0
0
317
425
547
672
748
880
886
930
922
1,031
1,148
1,191
1,258
1,439
1,491
1,625
1,722
1,893
2,070
2,399
2,457
2,438
2,527
2,659
2,802
3,262
3,597
3,944
4,203
4,589
4,826
5,379
6,008
6,541
6,637
8,792
14,887
14,008
16,001
20,581
20,165
22,167
21,076
22,509
23,373
23,180
22,533
27,446
20,075
20,675
21,511
19,776
21,690
23,912
24,396
27,249
28,886
30,120
31,326
33,050
32,997
31,905
29,733
34,350
40,895
41,349
38,475
45,309
46,045
50,786
47,788
46,362
51,079
49,132
46,524
50,730
58,855
55,617
66,899
60,413
69,274
64,095
63,446
66,206
67,745
67,749
74,296
77,130
0
94,681
90,963
91,649
90,457
89,178
83,430
0
083,43089,17890,45791,64990,96394,681077,13074,29667,74967,74566,20663,44664,09569,27460,41366,89955,61758,85550,73046,52449,13251,07946,36247,78850,78646,04545,30938,47541,34940,89534,35029,73331,90532,99733,05031,32630,12028,88627,24924,39623,91221,69019,77621,51120,67520,07527,44622,53323,18023,37322,50921,07622,16720,16520,58116,00114,00814,8878,7926,6376,5416,0085,3794,8264,5894,2033,9443,5973,2622,8022,6592,5272,4382,4572,3992,0701,8931,7221,6251,4911,4391,2581,1911,1481,0319229308868807486725474253170000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
25,382
0
0
0
25,136
0
0
0
31,100
0
0
0
43,482
0
0
0
12,640
0
0
0
15,596
0
0
0
20,867
0
0
0
23,940
0
0
0
25,517
0
0
0
0
000025,51700023,94000020,86700015,59600012,64000043,48200031,10000025,13600025,382000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
68,493
69,419
130,552
131,792
133,655
135,931
138,140
140,279
137,106
128,938
128,938
127,117
126,833
127,357
127,357
129,869
133,214
140,246
144,587
148,413
152,452
160,917
160,917
166,946
173,846
177,426
177,426
184,560
179,356
182,414
182,414
177,782
176,898
176,713
176,713
165,562
154,087
148,062
142,390
143,716
145,597
149,473
149,473
158,812
178,877
184,990
195,071
203,240
208,496
219,321
236,149
247,160
259,637
271,230
279,542
282,364
289,428
294,120
303,025
305,619
314,748
333,697
333,697
343,853
321,872
319,542
319,542
308,469
308,688
299,629
299,629
300,721
302,929
315,356
329,706
342,170
355,082
363,957
363,957
381,150
386,808
395,331
395,331
387,096
383,603
388,461
388,461
374,674
385,586
369,993
369,993
340,529
338,687
332,159
324,614
306,356
286,448
284,091
284,091286,448306,356324,614332,159338,687340,529369,993369,993385,586374,674388,461388,461383,603387,096395,331395,331386,808381,150363,957363,957355,082342,170329,706315,356302,929300,721299,629299,629308,688308,469319,542319,542321,872343,853333,697333,697314,748305,619303,025294,120289,428282,364279,542271,230259,637247,160236,149219,321208,496203,240195,071184,990178,877158,812149,473149,473145,597143,716142,390148,062154,087165,562176,713176,713176,898177,782182,414182,414179,356184,560177,426177,426173,846166,946160,917160,917152,452148,413144,587140,246133,214129,869127,357127,357126,833127,117128,938128,938137,106140,279138,140135,931133,655131,792130,55269,41968,49300
   Common Stock
0
0
99
360
390
390
393
401
402
412
412
413
413
415
415
424
424
426
429
439
442
448
448
457
457
461
468
470
470
483
493
478
478
480
481
482
482
488
475
465
464
463
464
465
465
475
501
506
517
521
524
528
542
546
549
553
605
607
609
611
618
620
634
654
654
660
661
661
661
661
662
663
663
665
666
673
677
685
691
693
693
704
707
710
710
713
718
721
721
726
728
730
730
731
731
732
733
733
733
733
7337337337337327317317307307287267217217187137107107077046936936916856776736666656636636626616616616616606546546346206186116096076055535495465425285245215175065014754654654644634644654754884824824814804784784934834704704684614574574484484424394294264244244154154134134124124024013933903903609900
   Retained Earnings Total Equity0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
-1,652
-1,553
-1,374
-1,199
-1,045
-892
-805
-661
-527
-394
-394
-249
-161
-9
-9
-121
-65
-38
-11
-46
10
-52
-52
-194
-379
-471
-471
-316
-133
-242
-242
-124
112
150
150
-1,102
-3,248
-873
-1,517
296
716
935
935
350
1,432
125
-10
497
-1,797
-1,663
903
528
2,079
2,078
2,079
1,078
1,349
1,733
1,371
1,522
458
400
211
3,427
2,254
1,676
1,676
847
505
-20
-20
-7
-31
-443
-1,172
-1,212
-1,168
-1,110
-1,110
791
1,026
1,145
1,145
2,444
1,917
1,517
1,517
664
298
-455
-455
-6,384
-7,059
-4,844
-4,719
-4,680
-4,174
77
77-4,174-4,680-4,719-4,844-7,059-6,384-455-4552986641,5171,5171,9172,4441,1451,1451,026791-1,110-1,110-1,168-1,212-1,172-443-31-7-20-205058471,6761,6762,2543,4272114004581,5221,3711,7331,3491,0782,0792,0782,079528903-1,663-1,797497-101251,432350935935716296-1,517-873-3,248-1,102150150112-124-242-242-133-316-471-471-379-194-52-5210-46-11-38-65-121-9-9-161-249-394-394-527-661-805-892-1,045-1,199-1,374-1,553-1,65200
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
383,536
394,361
400,756
407,897
414,581
419,804
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000419,804414,581407,897400,756394,361383,5360000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000-163,895-145,226-139,612-130,770-120,765-120,717-116,442-116,442-116,442-116,442-116,442-116,029-116,029-116,029-105,761-105,761-100,829-94,049-85,660-60,880-60,880-41,153-36,140-31,618-25,984-25,984-20,884-20,884-18,082-18,082-18,036-18,036-18,036-18,036-18,036-18,036-18,036-18,036-18,036-18,036-18,036-18,036-18,036-18,036-17,845-17,619-14,992-11,049-11,049-11,049-11,069-11,069-11,069-11,049-11,06900000000000-254-254-254-254000000000000000
   Other Stockholders Equity 
0
0
71,768
71,817
133,300
132,900
132,500
132,400
132,400
132,500
132,100
132,000
132,000
132,000
132,100
131,751
131,751
132,371
133,807
138,552
140,097
140,910
141,268
145,439
145,439
147,205
151,694
153,010
153,010
160,270
155,969
159,041
159,041
161,873
163,400
164,955
164,955
170,452
169,624
168,366
169,444
170,627
171,936
173,905
173,905
181,827
197,066
200,557
206,373
209,101
211,250
215,317
222,692
226,523
229,224
231,657
235,476
234,352
238,241
236,825
242,002
240,496
242,919
211
252,931
246,220
224,750
218,735
218,735
212,570
215,577
209,309
209,309
218,389
222,097
232,808
241,054
251,876
261,625
262,819
262,819
269,986
268,285
269,355
269,355
256,571
250,013
252,466
252,466
231,090
237,401
228,150
228,150
197,692
199,489
194,869
190,279
177,790
164,227
163,469
163,469164,227177,790190,279194,869199,489197,692228,150228,150237,401231,090252,466252,466250,013256,571269,355269,355268,285269,986262,819262,819261,625251,876241,054232,808222,097218,389209,309209,309215,577212,570218,735218,735224,750246,220252,931211242,919240,496242,002236,825238,241234,352235,476231,657229,224226,523222,692215,317211,250209,101206,373200,557197,066181,827173,905173,905171,936170,627169,444168,366169,624170,452164,955164,955163,400161,873159,041159,041155,969160,270153,010153,010151,694147,205145,439145,439141,268140,910140,097138,552133,807132,371131,751131,751132,100132,000132,000132,000132,100132,500132,400132,400132,500132,900133,30071,81771,76800



Balance Sheet

All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue261,292
Cost of Revenue-51,710
Gross Profit209,582209,582
 
Operating Income (+$)
Gross Profit209,582
Operating Expense-238,283
Operating Income-28,701-28,701
 
Operating Expense (+$)
Research Development82,617
Selling General Administrative161,534
Selling And Marketing Expenses0
Operating Expense238,283244,151
 
Net Interest Income (+$)
Interest Income11,545
Interest Expense-0
Other Finance Cost-207
Net Interest Income11,338
 
Pretax Income (+$)
Operating Income-28,701
Net Interest Income11,338
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-17,753-39,649
EBIT - interestExpense = -28,701
-17,753
-21,590
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-28,701-17,753
Earnings Before Interest and Taxes (EBITDA)-16,457
 
After tax Income (+$)
Income Before Tax-17,753
Tax Provision-3,185
Net Income From Continuing Ops-19,864-20,938
Net Income-21,590
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses289,993
Total Other Income/Expenses Net10,948-11,338
 

Technical Analysis of Radware
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Radware. The general trend of Radware is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Radware's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Radware Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 20.94 < 23.35 < 23.46.

The bearish price targets are: 17.47 > 17.36 > 17.26.

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Radware Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Radware Ltd. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Radware Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Radware Ltd. The current macd is 0.17910737.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Radware price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Radware. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Radware price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Radware Ltd Daily Moving Average Convergence/Divergence (MACD) ChartRadware Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Radware Ltd. The current adx is 18.30.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Radware shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Radware Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Radware Ltd. The current sar is 20.94.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Radware Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Radware Ltd. The current rsi is 48.36. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Radware Ltd Daily Relative Strength Index (RSI) ChartRadware Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Radware Ltd. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Radware price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Radware Ltd Daily Stochastic Oscillator ChartRadware Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Radware Ltd. The current cci is -32.67766077.

Radware Ltd Daily Commodity Channel Index (CCI) ChartRadware Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Radware Ltd. The current cmo is -14.17338597.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Radware Ltd Daily Chande Momentum Oscillator (CMO) ChartRadware Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Radware Ltd. The current willr is -86.19685498.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Radware Ltd Daily Williams %R ChartRadware Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Radware Ltd.

Radware Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Radware Ltd. The current atr is 0.54635741.

Radware Ltd Daily Average True Range (ATR) ChartRadware Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Radware Ltd. The current obv is -6,228,707.

Radware Ltd Daily On-Balance Volume (OBV) ChartRadware Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Radware Ltd. The current mfi is 33.66.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Radware Ltd Daily Money Flow Index (MFI) ChartRadware Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Radware Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-10CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-22BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-21BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-15ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Radware Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Radware Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.356
Ma 20Greater thanMa 5019.064
Ma 50Greater thanMa 10018.527
Ma 100Greater thanMa 20017.225
OpenGreater thanClose18.800
Total3/5 (60.0%)
Penke

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