NYSE:BLW - US09249W1018
We assign a technical rating of 4 out of 10 to BLW. BLW has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
BLW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 14.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.13, a Stop Loss order could be placed below this zone.
13.02
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice one important area.
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 BLW is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BLW is neutral. |
ChartMill Relative Strength | 31.54 | NEUTRAL | BLW is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLW is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLW is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BLW is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 54.19 | NEUTRAL | The RSI value for BLW is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BLW has a positive trend. |
Stochastics (14,3) | 58.02 | NEUTRAL | The Stochastics value for BLW is a neutral value. |
Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for BLW suggests low volalility. |
Average Directional Index/ADX (14) | 19.45 | NEGATIVE | The low ADX value for BLW suggests a weak or negative trend. |
14.17
-0.02 (-0.14%)