BRAINSWAY LTD-ADR (BWAY) Technical Analysis
NASDAQ:BWAY • US10501L1061
Overall BWAY gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BWAY is showing a nice and steady performance.
- 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 one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 100% of 184 stocks in the same industry.
- BWAY is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BWAY is leading the market.
- In the last month BWAY has a been trading in the 5.58 - 14.65 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BWAY 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
13.60
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 | 99.5 | POSITIVE | BWAY has a high relative strength, it outperformed 99.5% 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) | 87.53 | OVERBOUGHT | The high RSI value suggests BWAY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.63 | POSITIVE | The MACD value suggests BWAY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.21 | OVERBOUGHT | The high Stochastics value suggests BWAY may be overbought. |
| Average True Range in percent/ATR (20) | 6.35 | HIGH VOLATILITY | The high ATR as a percentage value for BWAY suggests high volalility. |
| Average Directional Index/ADX (14) | 41.59 | POSITIVE | The high ADX value value for BWAY suggests a strong trend. |
BWAY Technicals: Chart, Performance Metrics, Trend & Indicators
13.74
-0.03 (-0.22%)
BRAINSWAY LTD-ADR / BWAY 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.
What is the RSI signal for BRAINSWAY LTD-ADR (BWAY) stock?
BRAINSWAY LTD-ADR (BWAY) has an RSI value of 87.5324. This indicates that the stock is currently overbought.
What is the MACD signal for BWAY stock?
The MACD indicator for BRAINSWAY LTD-ADR (BWAY) has a value of 0.631214, indicating a bearish trend.
Can you provide the buy/sell signal for BRAINSWAY LTD-ADR?
The buy/sell signal for BRAINSWAY LTD-ADR (BWAY) is buy as both the short term and long term trends are positive.