BOWHEAD SPECIALTY HOLDINGS I (BOW) Stock Technical Analysis
NYSE:BOW - New York Stock Exchange, Inc. - US10240L1026 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to BOW. Although BOW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Looking at the yearly performance, BOW did better than 87% of all other stocks.
BOW is one of the better performing stocks in the Insurance industry, it outperforms 82% of 143 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
BOW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BOW is lagging the market slightly.
In the last month BOW has a been trading in the 34.28 - 39.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BOW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for BOW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
30.69
42.57
When analyzing the support we can see 4 important areas.
- A support zone ranging from 36.23 to 36.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @35.08 from a trend line in the daily time frame.
- A support zone ranging from 33.54 to 33.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.00 to 31.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @39.85 from a trend line in the daily time frame.
- A resistance zone ranging from 41.43 to 41.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @42.15 from a horizontal line in the daily time frame.
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 BOW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BOW is down. |
| ChartMill Relative Strength | 87.04 | POSITIVE | BOW has a high relative strength, it outperformed 87.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BOW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BOW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BOW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.53 | NEUTRAL | The RSI value for BOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BOW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.25 | NEUTRAL | The Stochastics value for BOW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for BOW suggests some volalility. |
| Average Directional Index/ADX (14) | 35.66 | POSITIVE | The high ADX value value for BOW suggests a strong 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)
36.39
+0.03 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.08%
1 Week0%
2 Weeks-2.44%
1 Month-6.24%
3 Month2.8%
6 Month-0.76%
12 Month41.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1
ATR(20)%2.63%
ATR Inc12.31%
Range Today0.57
ADR(20)0.96
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.04
Mansfield0.62
10 Day High37.79
10 Day Low34.28
20 Day High39.33
20 Day Low34.28
52 Week High42.29
52 Week Low23.7
CS1 End36.38
CR1 Start39.85
Volume & EV
DER(3)3.99%
DER(5)1.63%
Volume176.70K
Volume Incr19.29%
Vol(5)232.18K
Vol(50)259.58K