Taking everything into account, BWB scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, BWB has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although BWB has an excellent technical rating, it does not offer a high quality setup 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
13.48
4 important support areas can be observed.
- A support zone ranging from 17.28 to 17.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.46 to 16.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.09 to 16.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @13.62 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.47 to 18.86. This zone is formed by a combination of multiple trend lines and important moving averages 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 BWB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BWB is up. |
| ChartMill Relative Strength | 83.34 | POSITIVE | BWB has a high relative strength, it outperformed 83.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BWB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BWB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BWB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.55 | NEUTRAL | The RSI value for BWB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BWB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.64 | NEUTRAL | The Stochastics value for BWB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for BWB suggests some volalility. |
| Average Directional Index/ADX (14) | 23.16 | NEUTRAL | The ADX value for BWB suggests a possible start of a new trend. |
18.42
-0.44 (-2.33%)
BRIDGEWATER BANCSHARES INC / BWB FAQ
What is the technical rating for BWB stock?
ChartMill assigns a technical rating of 10 / 10 to BWB.
What is the trend direction for BWB stock?
The current trend direction for BRIDGEWATER BANCSHARES INC (BWB) is Bullish.
What is the RSI signal for BWB stock?
BRIDGEWATER BANCSHARES INC (BWB) has an RSI value of 59.5521. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BRIDGEWATER BANCSHARES INC?
The MACD indicator for BRIDGEWATER BANCSHARES INC (BWB) has a value of 0.0410818, indicating a bearish trend.
What is the support and resistance level for BWB stock?
BRIDGEWATER BANCSHARES INC (BWB) has a support level at 17.43 and a resistance level at 18.47. Check the full technical report for our detailed analysis of BWB support and resistance levels.