BORGWARNER INC (BWA) Technical Analysis
NYSE:BWA • US0997241064
Current stock price
BWA Technical Rating and Analysis
Overall BWA gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month BWA has a been trading in the 50.21 - 60.08 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, BWA did better than 93% of all other stocks. On top of that, BWA also shows a nice and consistent pattern of rising prices.
- BWA is one of the better performing stocks in the Automobile Components industry, it outperforms 92% of 41 stocks in the same industry.
- BWA has an average volume of 3208740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- BWA 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 BWA is lagging the market slightly.
BWA Weekly and Daily overview Charts
BWA Setup Rating and Analysis
BWA has an excellent technical rating and also presents a decent setup pattern. 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 52.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 51.44, a Stop Loss order could be placed below this zone.
More info and screens
BWA Support and Resistance Analysis
40.80
When analyzing the support we can see 3 important areas.
- A support zone ranging from 50.55 to 51.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @47.23 from a trend line in the daily time frame.
- Support @41.21 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 52.24 to 52.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BWA Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for BWA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BWA is down. |
| ChartMill Relative Strength | 93.35 | POSITIVE | BWA has a high relative strength, it outperformed 93.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BWA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BWA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BWA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.76 | NEUTRAL | The RSI value for BWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests BWA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.23 | NEUTRAL | The Stochastics value for BWA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for BWA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.57 | NEUTRAL | The ADX value for BWA suggests a possible start of a new trend. |
BWA Chart- and CandleStick Pattern Analysis
BWA Example Setup
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 |
|---|---|---|---|
| 52.90 | 50.54 | 2.36 (4.46%) | 22.42% |
| An entry @52.90. This is a Buy Stop order right above the resistance zone. | An exit @50.54. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.36 points, which is 4.46%. | For a 1.00% total portfolio risk, you can invest 22.42% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BWA. 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.
BWA Technicals: Chart, Performance Metrics, Trend & Indicators
52.23
-0.2 (-0.38%)
BORGWARNER INC / BWA TA FAQ
Can you provide the ChartMill technical rating for BORGWARNER INC?
ChartMill assigns a technical rating of 7 / 10 to BWA.
What is the trend direction for BWA stock?
The current trend direction for BORGWARNER INC (BWA) is Bullish.
Can you provide the RSI signal for BORGWARNER INC?
BORGWARNER INC (BWA) has an RSI value of 44.7556. This indicates that the stock is currently neutral.
What is the buy/sell signal for BORGWARNER INC (BWA) stock?
The buy/sell signal for BORGWARNER INC (BWA) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for BORGWARNER INC?
BORGWARNER INC (BWA) has a support level at 51.44 and a resistance level at 52.24. Check the full technical report for our detailed analysis of BWA support and resistance levels.