BORGWARNER INC (BWA) Technical Analysis
NYSE:BWA • US0997241064
Current stock price
BWA Technical Rating and Analysis
Taking everything into account, BWA scores 8 out of 10 in our technical rating. In the last year, BWA was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month BWA has a been trading in the 50.21 - 66.23 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, BWA did better than 91% of all other stocks. We also observe that the gains produced by BWA over the past year are nicely spread over this period.
- BWA is one of the better performing stocks in the Automobile Components industry, it outperforms 85% of 41 stocks in the same industry.
- BWA has an average volume of 3082840 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
Although BWA has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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BWA Support and Resistance Analysis
40.80
3 important support areas can be observed.
- A support zone ranging from 50.55 to 50.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.85 from a trend line in the daily time frame.
- Support @41.21 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 50.57 to 51.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 52.37 to 53.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | 91.66 | POSITIVE | BWA has a high relative strength, it outperformed 91.66% 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) | 37.92 | NEUTRAL | The RSI value for BWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.96 | NEGATIVE | The MACD value suggests BWA has a negative trend. |
| Stochastics (14,3) | 18.15 | OVERSOLD | The low Stochastics value suggests BWA may be oversold. |
| Average True Range in percent/ATR (20) | 4.06 | MEDIUM VOLATILITY | The ATR as a percentage value for BWA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.69 | NEUTRAL | The ADX value for BWA suggests a possible start of a new trend. |
BWA Chart- and CandleStick Pattern Analysis
BWA Technicals: Chart, Performance Metrics, Trend & Indicators
50.56
-1.93 (-3.68%)
BORGWARNER INC / BWA TA FAQ
Can you provide the ChartMill technical rating for BORGWARNER INC?
ChartMill assigns a technical rating of 8 / 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 37.92. 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 50.55 and a resistance level at 50.57. Check the full technical report for our detailed analysis of BWA support and resistance levels.