BOWEN ACQUISITION CORP (BOWN) Stock Technical Analysis
USA - NASDAQ:BOWN - KYG127291105 - Common Stock
We assign a technical rating of 2 out of 10 to BOWN. BOWN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, BOWN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.94, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BOWN 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
8.60
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.91 to 8.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.69 to 8.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.07 to 10.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.52 to 10.53. This zone is formed by a combination of multiple trend lines and important moving averages 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 BOWN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BOWN is down. |
| ChartMill Relative Strength | 17.62 | NEGATIVE | BOWN has a low relative strength, it was outperformed by 82.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BOWN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BOWN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BOWN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.04 | NEUTRAL | The RSI value for BOWN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests BOWN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.97 | NEUTRAL | The Stochastics value for BOWN is a neutral value. |
| Average True Range in percent/ATR (20) | 8.08 | HIGH VOLATILITY | The high ATR as a percentage value for BOWN suggests high volalility. |
| Average Directional Index/ADX (14) | 24 | NEUTRAL | The ADX value for BOWN suggests a possible start of a new trend. |
NASDAQ:BOWN (7/15/2025, 8:00:01 PM)
9.19
+0.05 (+0.55%)