BRIDGEWATER BANCSHARES INC (BWB) Stock Technical Analysis
NASDAQ:BWB - Nasdaq - US1086211034 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to BWB. BWB has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that BWB is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by BWB over the past year are nicely spread over this period.
BWB is one of the better performing stocks in the Banks industry, it outperforms 87% of 398 stocks in the same industry.
BWB is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month BWB has a been trading in the 11.93 - 15.77 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.
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
12.34
15.90
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.62 to 15.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.46 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.74 to 15.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.2
Mansfield1.6
10 Day High15.77
10 Day Low12.39
20 Day High15.77
20 Day Low11.93
52 Week High16
52 Week Low10.52
Performance
1 Week9.27%
2 Weeks18.99%
1 Month21.94%
3 Month11.4%
6 Month10%
12 Month32.3%
2 Year82.69%
3 Year-3.08%
5 Year50.96%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.31
RSI(14)69.69
LBB11.74
UBB16.21
15.73
+0.64 (+4.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg4.24%
1 Week9.27%
2 Weeks18.99%
1 Month21.94%
3 Month11.4%
6 Month10%
12 Month32.3%
2 Year82.69%
3 Year-3.08%
5 Year50.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%5.03%
ATR Inc-16.78%
Range Today0.51
ADR(20)0.74
ADR(20)%4.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.2
Mansfield1.6
10 Day High15.77
10 Day Low12.39
20 Day High15.77
20 Day Low11.93
52 Week High16
52 Week Low10.52
CS1 End15.72
CR1 Start15.74
Volume & EV
DER(3)-1.48%
DER(5)-5.31%
Volume81.00K
Volume Incr-22.82%
Vol(5)104.02K
Vol(50)85.67K