BORGWARNER INC (BWA) Technical Analysis
NYSE:BWA • US0997241064
Current stock price
53.56 USD
-0.92 (-1.69%)
At close:
53.56 USD
0 (0%)
After Hours:
BWA Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to BWA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BWA is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that BWA is one of the better performing stocks in the market, outperforming 91% of all 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 42 stocks in the same industry.
- In the last month BWA has a been trading in the 51.06 - 56.65 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- BWA has an average volume of 3244180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- BWA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BWA is lagging the market.
- Considerably lower volume is observed in the last couple of days.
BWA Weekly and Daily overview Charts
BWA Setup Rating and Analysis
BWA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 53.22, a Stop Loss order could be placed below this zone.
More info and screens
BWA Support and Resistance Analysis
48.19
56.69
3 important support areas can be observed.
- A support zone ranging from 52.51 to 53.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @48.68 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 53.63 to 54.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @56.13 from a horizontal line 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 | NEUTRAL | NEUTRAL | The short term trend for BWA is neutral. |
| ChartMill Relative Strength | 91.12 | POSITIVE | BWA has a high relative strength, it outperformed 91.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BWA is below the rising 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) | 48.8 | NEUTRAL | The RSI value for BWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BWA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.15 | NEUTRAL | The Stochastics value for BWA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for BWA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.92 | NEGATIVE | The low ADX value for BWA suggests a weak or negative trend. |
BWA Chart- and CandleStick Pattern Analysis
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)
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 |
|---|---|---|---|
| 54.75 | 52.50 | 2.25 (4.11%) | 24.33% |
| An entry @54.75. This is a Buy Stop order right above the resistance zone. | An exit @52.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.25 points, which is 4.11%. | When investing 24.33% 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 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
53.56
-0.92 (-1.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-1.69%
1 Week0.94%
2 Weeks-1.25%
1 Month5.93%
3 Month13.5%
6 Month25.76%
12 Month102.5%
2 Year63.44%
3 Year11.28%
5 Year10.25%
10 Year49.11%
15 Year38.68%
Volatility
ATR(14)1.72
ATR(20)%3.1%
ATR Inc-27.16%
Range Today0.78
ADR(20)1.35
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.12
3 months CRS88.68
6 months CRS87.42
Mansfield1.8
10 Day High55.81
10 Day Low51.88
20 Day High56.65
20 Day Low51.06
52 Week High70.08
52 Week Low25.98
CS1 End53.22
CR1 Start53.63
Volume & EV
DER(3)1.98%
DER(5)0.53%
Volume1.73M
Volume Incr-29.88%
Vol(5)1.77M
Vol(50)3.24M
BORGWARNER INC / BWA TA FAQ
Can you provide the ChartMill technical rating for BORGWARNER INC?
ChartMill assigns a technical rating of 9 / 10 to BWA.
What is the trend direction for BWA stock?
The current trend direction for BORGWARNER INC (BWA) is Bullish.
What is the RSI signal for BWA stock?
BORGWARNER INC (BWA) has an RSI value of 48.798. This indicates that the stock is currently neutral.
What are the support and resistance levels for BORGWARNER INC (BWA) stock?
BORGWARNER INC (BWA) has a support level at 53.22 and a resistance level at 53.63. Check the full technical report for our detailed analysis of BWA support and resistance levels.