BORGWARNER INC (BWA) Stock Technical Analysis
NYSE:BWA - New York Stock Exchange, Inc. - US0997241064 - Common Stock - Currency: USD
Taking everything into account, BWA scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BWA is only an average performer.
The long and short term trends are both positive. This is looking good!
BWA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BWA is lagging the market slightly.
In the last month BWA has a been trading in the 32.23 - 36.09 range, which is quite wide. It is currently trading near the high of this range.
BWA has an average volume of 2530520 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 BWA is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
BWA is an average performer in the Automobile Components industry, it outperforms 68% of 80 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
BWA has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
31.74
36.18
We found 3 important support areas.
- A support zone ranging from 34.77 to 34.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @33.45 from a horizontal line in the daily time frame.
- A support zone ranging from 32.06 to 32.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 35.42 to 35.82. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for BWA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BWA is up. |
| ChartMill Relative Strength | 78.89 | POSITIVE | BWA has a high relative strength, it outperformed 78.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BWA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BWA is above 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) | 63.54 | NEUTRAL | The RSI value for BWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests BWA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.6 | OVERBOUGHT | The high Stochastics value suggests BWA may be overbought. |
| Average True Range in percent/ATR (20) | 2 | LOW VOLATILITY | The low ATR as a percentage value for BWA suggests low volalility. |
| Average Directional Index/ADX (14) | 29.25 | POSITIVE | The high ADX value value for BWA 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 |
|---|---|---|---|
| 35.83 | 34.76 | 1.07 (2.99%) | 25.00% |
| An entry @35.83. This is a Buy Stop order right above the resistance zone. | An exit @34.76. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.07 points, which is 2.99%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.75%. |
- 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.
35.41
-0.4 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-1.12%
1 Week0.25%
2 Weeks5.39%
1 Month5.14%
3 Month35.2%
6 Month14.08%
12 Month6.91%
2 Year-23.85%
3 Year-7.93%
5 Year-3.25%
10 Year-28.77%
15 Year61.47%
Volatility
ATR(14)0.74
ATR(20)%2%
ATR Inc-19.8%
Range Today0.51
ADR(20)0.68
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.89
Mansfield0.21
10 Day High36.09
10 Day Low33.14
20 Day High36.09
20 Day Low32.24
52 Week High37.29
52 Week Low24.4
CS1 End34.94
CR1 Start35.42
Volume & EV
DER(3)-3.49%
DER(5)-2.02%
Volume1.49M
Volume Incr-45.94%
Vol(5)1.63M
Vol(50)2.53M