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.
Both the short term and long term trends are positive. This is a very positive sign.
BWA is part of the Automobile Components industry. There are 81 other stocks in this industry. BWA outperforms 75% of them.
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 31.83 - 34.06 range, which is quite wide. It is currently trading near the high of this range.
BWA has an average volume of 2404490 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 73% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although BWA has an excellent technical rating, it does not present a decent entry opportunity 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
38.11
When analyzing the support we notice one important area.
- A support zone ranging from 32.06 to 33.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @34.41 from a horizontal line in the daily time frame.
- Resistance @35.36 from a trend line in the weekly time frame.
- A resistance zone ranging from 37.50 to 37.73. 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 | 73.77 | POSITIVE | BWA has a high relative strength, it outperformed 73.77% 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) | 65.61 | NEUTRAL | The RSI value for BWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests BWA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.69 | NEUTRAL | The Stochastics value for BWA is a neutral value. |
| 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) | 32.17 | 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)
33.92
+1.28 (+3.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg3.92%
1 Week3.95%
2 Weeks0.95%
1 Month3.95%
3 Month18.19%
6 Month-0.38%
12 Month4.82%
2 Year-30.65%
3 Year1.65%
5 Year-3.91%
10 Year-40.32%
15 Year81.68%
Volatility
ATR(14)0.71
ATR(20)%2%
ATR Inc48.88%
Range Today1.2
ADR(20)0.62
ADR(20)%1.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.77
Mansfield0.07
10 Day High34.06
10 Day Low31.83
20 Day High34.06
20 Day Low31.83
52 Week High37.29
52 Week Low24.4
CS1 End33.45
CR1 Start34.41
Volume & EV
DER(3)3.55%
DER(5)0.58%
Volume2.63M
Volume Incr-5.25%
Vol(5)2.30M
Vol(50)2.40M