BORGWARNER INC (BWA) Stock Technical Analysis
USA - NYSE:BWA - US0997241064 - Common Stock
Overall BWA gets a technical rating of 7 out of 10. In the last year, BWA was one of the better performers, but we do observe some doubts in the very recent evolution.
Although BWA has an excellent technical rating, the quality of the presented setup is not ideal 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
37.53
We found 3 important support areas.
- A support zone ranging from 42.07 to 43.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.20 to 41.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.91 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 44.43 to 44.75. 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 | NEUTRAL | NEUTRAL | The short term trend for BWA is neutral. |
| ChartMill Relative Strength | 83.15 | POSITIVE | BWA has a high relative strength, it outperformed 83.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BWA is above a declining 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) | 57.27 | NEUTRAL | The RSI value for BWA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests BWA has a positive trend. |
| Stochastics (14,3) | 73.62 | NEUTRAL | The Stochastics value for BWA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for BWA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.77 | NEUTRAL | The ADX value for BWA suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 44.76 | 42.06 | 2.70 (6.03%) | 16.58% |
| An entry @44.76. This is a Buy Stop order right above the resistance zone. | An exit @42.06. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.70 points, which is 6.03%. | When investing 16.58% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
44.14
+1.31 (+3.06%)
BORGWARNER INC / BWA FAQ
Can you provide the ChartMill technical rating for BORGWARNER INC?
ChartMill assigns a technical rating of 7 / 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 57.2691. This indicates that the stock is currently neutral.
What is the support and resistance level for BWA stock?
BORGWARNER INC (BWA) has a support level at 43.44 and a resistance level at 44.43. Check the full technical report for our detailed analysis of BWA support and resistance levels.