BOWHEAD SPECIALTY HOLDINGS I (BOW) Stock Technical Analysis
USA - NYSE:BOW - US10240L1026 - Common Stock
24.54 USD
-0.22 (-0.89%)
24.54 USD
0 (0%)
Overall BOW gets a technical rating of 0 out of 10. BOW'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
89% of all other stocks performed better in the past year than BOW.
BOW is part of the Insurance industry. There are 147 other stocks in this industry, of which 82% are performing better than BOW.
BOW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BOW has a been trading in the 23.70 - 28.09 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Although the technical rating is bad, BOW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
24.29
28.66
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 25.75 to 26.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @27.17 from a horizontal line in the daily time frame.
- A resistance zone ranging from 28.00 to 28.38. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for BOW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BOW is down. |
| ChartMill Relative Strength | 11.87 | NEGATIVE | BOW has a low relative strength, it was outperformed by 88.13% 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) | DOWN | NEGATIVE | The current price of BOW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.39 | NEUTRAL | The RSI value for BOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BOW has a negative trend. |
| Stochastics (14,3) | 27.23 | NEUTRAL | The Stochastics value for BOW is a neutral value. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for BOW suggests some volalility. |
| Average Directional Index/ADX (14) | 32.57 | 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)
24.54
-0.22 (-0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.89%
1 Week-8.26%
2 Weeks-8.64%
1 Month-11.5%
3 Month-25.48%
6 Month-38.6%
12 Month-16.59%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.05
ATR(20)%4.39%
ATR Inc-55.74%
Range Today0.45
ADR(20)1.04
ADR(20)%4.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.87
3 months CRS7.4
6 months CRS4.95
Mansfield-3.5
10 Day High27.29
10 Day Low24.46
20 Day High28.09
20 Day Low23.7
52 Week High42.29
52 Week Low23.7
CS1 EndN/A
CR1 Start25.75
Volume & EV
DER(3)-1.45%
DER(5)-0.99%
Volume244.60K
Volume Incr-30.01%
Vol(5)264.92K
Vol(50)328.27K