BORGWARNER INC (BWA) Stock Technical Analysis
NYSE:BWA - New York Stock Exchange, Inc. - US0997241064 - Common Stock - Currency: USD
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 and short term trends are both positive. This is looking good!
BWA is part of the Automobile Components industry. There are 80 other stocks in this industry. BWA outperforms 70% of them.
A new 52 week high is currently being made by BWA, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month BWA has a been trading in the 34.27 - 38.30 range, which is quite wide. It is currently trading near the high of this range.
BWA has an average volume of 2415900 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 80% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BWA has an excellent technical rating, it does not offer a high quality setup 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
33.12
38.67
We found 2 important support areas.
- A support zone ranging from 34.31 to 35.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.45 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 38.29 to 38.29. 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 | 80.47 | POSITIVE | BWA has a high relative strength, it outperformed 80.47% 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) | 68.79 | NEUTRAL | The RSI value for BWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests BWA has a positive trend. |
| Stochastics (14,3) | 96.29 | OVERBOUGHT | The high Stochastics value suggests BWA may be overbought. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for BWA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.4 | 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)
38.28
+0.76 (+2.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg2.03%
1 Week7.02%
2 Weeks8.2%
1 Month9.87%
3 Month21.06%
6 Month27.52%
12 Month20.42%
2 Year-6.06%
3 Year1.54%
5 Year-5.69%
10 Year-12.28%
15 Year75.4%
Volatility
ATR(14)0.93
ATR(20)%2.21%
ATR Inc36.85%
Range Today0.95
ADR(20)0.79
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.47
Mansfield0.94
10 Day High38.31
10 Day Low34.27
20 Day High38.31
20 Day Low34.27
52 Week High38.31
52 Week Low24.4
CS1 End35.14
CR1 Start38.29
Volume & EV
DER(3)3.71%
DER(5)3.34%
Volume2.53M
Volume Incr61.5%
Vol(5)2.87M
Vol(50)2.42M