ARMSTRONG WORLD INDUSTRIES (AWI) Stock Technical Analysis
NYSE:AWI - New York Stock Exchange, Inc. - US04247X1028 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to AWI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AWI is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that AWI is one of the better performing stocks in the market, outperforming 86% of all stocks. On top of that, AWI also shows a nice and consistent pattern of rising prices.
AWI is one of the better performing stocks in the Building Products industry, it outperforms 90% of 42 stocks in the same industry.
AWI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AWI is performing more or less in line with the market.
AWI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, AWI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 154.52, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
126.39
163.64
3 important support areas can be observed.
- A support zone ranging from 154.05 to 154.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @138.66 from a trend line in the weekly time frame.
- Support @127.67 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 155.17 to 156.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 159.83 to 162.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for AWI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AWI is up. |
| ChartMill Relative Strength | 86.45 | POSITIVE | AWI has a high relative strength, it outperformed 86.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AWI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AWI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AWI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.6 | NEUTRAL | The RSI value for AWI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.84 | NEGATIVE | The MACD value suggests AWI has a negative trend. |
| Stochastics (14,3) | 33.08 | NEUTRAL | The Stochastics value for AWI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for AWI suggests low volalility. |
| Average Directional Index/ADX (14) | 22.79 | NEUTRAL | The ADX value for AWI suggests a possible start of a new trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 156.47 | 154.04 | 2.43 (1.55%) | 25.00% |
| An entry @156.47. This is a Buy Stop order right above the resistance zone. | An exit @154.04. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.43 points, which is 1.55%. | For a 0.39% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AWI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
154.53
-0.27 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-0.17%
1 Week0.31%
2 Weeks0.06%
1 Month1.58%
3 Month10.19%
6 Month0.57%
12 Month36.84%
2 Year110.36%
3 Year106.15%
5 Year98.22%
10 Year190.03%
15 Year412.03%
Volatility
ATR(14)2.77
ATR(20)%1.79%
ATR Inc-26.42%
Range Today1.51
ADR(20)2.54
ADR(20)%1.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.45
Mansfield0.56
10 Day High159.43
10 Day Low152.12
20 Day High160.94
20 Day Low151.74
52 Week High164.4
52 Week Low110.68
CS1 End154.52
CR1 Start155.17
Volume & EV
DER(3)-1.95%
DER(5)-1.18%
Volume329.30K
Volume Incr-7.84%
Vol(5)221.16K
Vol(50)313.36K