ARMSTRONG WORLD INDUSTRIES (AWI)

US04247X1028 - Common Stock

115.17  +1.05 (+0.92%)

After market: 115.17 0 (0%)

Technical Rating and Analysis

6

Overall AWI gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month AWI has a been trading in the 113.23 - 122.13 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
When comparing the yearly performance of all stocks, we notice that AWI is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by AWI over the past year are nicely spread over this period.
AWI is part of the Building Products industry. There are 43 other stocks in this industry. AWI outperforms 73% of them.
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.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Weekly and Daily overview Charts
AWI Weekly chart
AWI Daily chart
Setup Rating and Analysis

7

AWI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 114.77, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

76.11

126.00

We found 2 important support areas.

  • A support zone ranging from 113.85 to 114.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @76.88 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 115.69 to 120.05. 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 123.21 to 124.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.56
Mansfield1.97
10 Day High120.92
10 Day Low113.23
20 Day High122.13
20 Day Low113.23
52 Week High125.56
52 Week Low62.03
Performance
1 Week-0.51%
2 Weeks1.16%
1 Month-4.34%
3 Month12.61%
6 Month42.73%
12 Month70.75%
2 Year37.93%
3 Year8.29%
5 Year29.84%
10 Year117.02%
15 Year544.13%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.11
RSI(14)43.54
LBB112.9
UBB118.18
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
115.70113.841.86 (1.61%)25.00%
An entry @115.70. This is a Buy Stop order right above the 10 day moving average.An exit @113.84. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.86 points, which is 1.61%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.40%.

  • 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.
AWI Daily chart

ARMSTRONG WORLD INDUSTRIES

NYSE:AWI (5/2/2024, 7:04:00 PM)

After market: 115.17 0 (0%)

115.17

+1.05 (+0.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg0.92%
1 Week-0.51%
2 Weeks1.16%
1 Month-4.34%
3 Month12.61%
6 Month42.73%
12 Month70.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.75
ATR(20)%2.14%
ATR Inc
Range Today2.14
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High120.92
10 Day Low113.23
20 Day High122.13
20 Day Low113.23
52 Week High125.56
52 Week Low62.03
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume466.10K
Volume Incr28.58%
Vol(5)463.22K
Vol(50)384.91K