BABCOCK & WILCOX ENTERPR (BW) Stock Technical Analysis
NYSE:BW - New York Stock Exchange, Inc. - US05614L2097 - Common Stock - Currency: USD
Taking everything into account, BW scores 6 out of 10 in our technical rating. Although BW has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
BW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
BW is part of the Electrical Equipment industry. There are 93 other stocks in this industry. BW outperforms 89% of them.
BW has an average volume of 2431050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BW is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month BW has a been trading in the 0.92 - 1.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
BW 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. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.92
1.22
2 important support areas can be observed.
- A support zone ranging from 1.02 to 1.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.93 to 0.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.06 to 1.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.10 from a trend line in the daily time frame.
- Resistance @1.21 from a trend 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 BW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BW is up. |
| ChartMill Relative Strength | 96.01 | POSITIVE | BW has a high relative strength, it outperformed 96.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BW is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.21 | NEUTRAL | The RSI value for BW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BW has a negative trend. |
| Stochastics (14,3) | 67.76 | NEUTRAL | The Stochastics value for BW is a neutral value. |
| Average True Range in percent/ATR (20) | 7.57 | HIGH VOLATILITY | The high ATR as a percentage value for BW suggests high volalility. |
| Average Directional Index/ADX (14) | 39.4 | POSITIVE | The high ADX value value for BW 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.08 | 1.01 | 0.07 (6.48%) | 15.43% |
| An entry @1.08. This is a Buy Stop order right above the resistance zone. | An exit @1.01. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.07 points, which is 6.48%. | When investing 15.43% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of BW. 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.
1.03
-0.02 (-1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-1.9%
1 Week3.99%
2 Weeks6.38%
1 Month-8.04%
3 Month208.2%
6 Month-36.02%
12 Month-35.22%
2 Year-81.2%
3 Year-87.06%
5 Year-55.22%
10 Year-99.48%
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%7.57%
ATR Inc-10.19%
Range Today0.06
ADR(20)0.08
ADR(20)%7.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.01
Mansfield-2.71
10 Day High1.1
10 Day Low0.93
20 Day High1.15
20 Day Low0.92
52 Week High2.99
52 Week Low0.22
CS1 End1.02
CR1 Start1.06
Volume & EV
DER(3)-13.98%
DER(5)-8.54%
Volume869.60K
Volume Incr-15.68%
Vol(5)1.09M
Vol(50)2.43M