1BMW Technical Analysis - BAYERISCHE MOTOREN WERKE AG

Technical Rating and Analysis

We assign a technical rating of 3 out of 10 to 1BMW. 1BMW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

80% of all other stocks performed better in the past year than 1BMW.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.

Warning: 1BMW has an average volume of 2810 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.

1BMW is an average performer in the Automobiles industry, it outperforms 62% of 28 stocks in the same industry.

1BMW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so 1BMW is lagging the market.

In the last month 1BMW has a been trading in the 71.98 - 91.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

BAYERISCHE MOTOREN WERKE AG / 1BMW Weekly stock chart

BAYERISCHE MOTOREN WERKE AG / 1BMW Daily stock chart

Setup Rating and Analysis

1BMW has a poor technical rating and the quality of the setup is also not perfect 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

77.79

92.11

We found 1 important support area.

A support zone ranging from 78.58 to 80.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

A resistance zone ranging from 89.42 to 91.20. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	NEUTRAL	NEUTRAL	The long term trend for 1BMW.MI is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for 1BMW.MI is neutral.
ChartMill Relative Strength	20.21	NEGATIVE	1BMW.MI has a low relative strength, it was outperformed by 79.79% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of 1BMW.MI is below the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	MIXED	The current price of 1BMW.MI is above a declining SMA(50).
Relative Strength Index/RSI (14)	48.12	NEUTRAL	The RSI value for 1BMW.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.84	NEGATIVE	The MACD value suggests 1BMW.MI has a negative trend.
Stochastics (14,3)	7.78	OVERSOLD	The low Stochastics value suggests 1BMW.MI may be oversold.
Average True Range in percent/ATR (20)	4.37	MEDIUM VOLATILITY	The ATR as a percentage value for 1BMW.MI suggests some volalility.
Average Directional Index/ADX (14)	16.96	NEGATIVE	The low ADX value for 1BMW.MI suggests a weak or negative trend.