BORGWARNER INC (BWA) Stock Technical Analysis
USA - NYSE:BWA - US0997241064 - Common Stock
44.22 USD
-0.22 (-0.5%)
44.22 USD
0 (0%)
Overall BWA gets a technical rating of 9 out of 10. Both in the recent history as in the last year, BWA has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
BWA is one of the better performing stocks in the Automobile Components industry, it outperforms 77% of 80 stocks in the same industry.
BWA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BWA has a been trading in the 42.05 - 44.70 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
BWA has an average volume of 2281720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BWA did better than 85% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
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 resistance zone just above the current price starting at 44.45. Right above this resistance zone may be a good entry point.
More info and screens
35.90
44.89
We found 4 important support areas.
- A support zone ranging from 43.62 to 43.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.65 from a horizontal line in the daily time frame.
- Support @39.06 from a trend line in the daily time frame.
- Support @36.26 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.23 to 44.45. 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 | 85.83 | POSITIVE | BWA has a high relative strength, it outperformed 85.83% 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) | 63.55 | NEUTRAL | The RSI value for BWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests BWA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 84.08 | OVERBOUGHT | The high Stochastics value suggests BWA may be overbought. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for BWA suggests low volalility. |
| Average Directional Index/ADX (14) | 44.7 | 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 |
|---|---|---|---|
| 44.46 | 43.49 | 0.97 (2.18%) | 25.00% |
| An entry @44.46. This is a Buy Stop order right above the resistance zone. | An exit @43.49. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.97 points, which is 2.18%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.55%. |
- 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.
44.22
-0.22 (-0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-0.5%
1 Week1.19%
2 Weeks0.43%
1 Month5.69%
3 Month34.82%
6 Month54.08%
12 Month32.4%
2 Year9.54%
3 Year40.83%
5 Year14.15%
10 Year6.32%
15 Year68.07%
Volatility
ATR(14)0.84
ATR(20)%1.88%
ATR Inc-27.09%
Range Today0.73
ADR(20)0.78
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.83
Mansfield1.84
10 Day High44.7
10 Day Low42.77
20 Day High44.7
20 Day Low42.06
52 Week High44.7
52 Week Low24.4
CS1 End43.94
CR1 Start44.45
Volume & EV
DER(3)1.72%
DER(5)0.27%
Volume4.86M
Volume Incr12.4%
Vol(5)2.67M
Vol(50)2.28M