BORGWARNER INC (BWA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BWA - US0997241064 - Common Stock
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.
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
40.54
We found 2 important support areas.
- A support zone ranging from 43.01 to 44.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.95 to 41.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @45.04 from a horizontal line in the weekly time frame.
- Resistance @46.02 from a horizontal line in the daily time frame.
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 | 84.76 | POSITIVE | BWA has a high relative strength, it outperformed 84.76% 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) | 57.83 | NEUTRAL | The RSI value for BWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests BWA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.31 | NEUTRAL | The Stochastics value for BWA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for BWA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.99 | NEUTRAL | The ADX value for BWA suggests a possible start of a new trend. |
45.03
-0.13 (-0.29%)
BORGWARNER INC / BWA FAQ
Can you provide the ChartMill technical rating for BORGWARNER INC?
ChartMill assigns a technical rating of 9 / 10 to BWA.
What is the current trend direction of BORGWARNER INC (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 57.8314. This indicates that the stock is currently neutral.
What is the buy/sell signal for BWA stock?
The buy/sell signal for BORGWARNER INC (BWA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for BWA stock?
BORGWARNER INC (BWA) has a support level at 44.74 and a resistance level at 45.04. Check the full technical report for our detailed analysis of BWA support and resistance levels.