BRAINSWAY LTD-ADR (BWAY) Technical Analysis
NASDAQ:BWAY • US10501L1061
Current stock price
BWAY Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to BWAY. Both in the recent history as in the last year, BWAY has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that BWAY is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, BWAY also shows a nice and consistent pattern of rising prices.
- BWAY is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry. BWAY outperforms 100% of them.
- A new 52 week high is currently being made by BWAY, 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 BWAY has a been trading in the 12.04 - 16.24 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BWAY Weekly and Daily overview Charts
BWAY Setup Rating and Analysis
Although BWAY has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
BWAY Support and Resistance Analysis
13.52
We found 1 important support area.
- A support zone ranging from 13.66 to 13.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
BWAY Technical Indicator Signal Analysis
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 BWAY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BWAY is up. |
| ChartMill Relative Strength | 99.42 | POSITIVE | BWAY has a high relative strength, it outperformed 99.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BWAY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BWAY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BWAY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.18 | OVERBOUGHT | The high RSI value suggests BWAY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BWAY has a positive trend. |
| Stochastics (14,3) | 91.04 | OVERBOUGHT | The high Stochastics value suggests BWAY may be overbought. |
| Average True Range in percent/ATR (20) | 5.01 | HIGH VOLATILITY | The high ATR as a percentage value for BWAY suggests high volalility. |
| Average Directional Index/ADX (14) | 39.06 | POSITIVE | The high ADX value value for BWAY suggests a strong trend. |
BWAY Chart- and CandleStick Pattern Analysis
BWAY Technicals: Chart, Performance Metrics, Trend & Indicators
15.81
+0.84 (+5.61%)
BRAINSWAY LTD-ADR / BWAY TA FAQ
What is the technical rating for BWAY stock?
ChartMill assigns a technical rating of 10 / 10 to BWAY.
Can you provide the trend direction for BRAINSWAY LTD-ADR?
The current trend direction for BRAINSWAY LTD-ADR (BWAY) is Bullish.
Can you provide the RSI signal for BRAINSWAY LTD-ADR?
BRAINSWAY LTD-ADR (BWAY) has an RSI value of 72.1783. This indicates that the stock is currently overbought.
Can you provide the short term momentum for BRAINSWAY LTD-ADR?
The short term momentum for BRAINSWAY LTD-ADR (BWAY) is positive.
What is the buy/sell signal for BWAY stock?
The buy/sell signal for BRAINSWAY LTD-ADR (BWAY) is buy as both the short term and long term trends are positive.