BROADWIND INC (BWEN) Stock Technical Analysis
NASDAQ:BWEN - Nasdaq - US11161T2078 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to BWEN. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BWEN is only an average performer.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that BWEN is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this relatively good performance is mostly due to a recent big move.
BWEN is an average performer in the Electrical Equipment industry, it outperforms 57% of 93 stocks in the same industry.
BWEN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BWEN is lagging the market.
In the last month BWEN has a been trading in the 1.84 - 3.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BWEN has an excellent technical rating, but the quality of the setup is only medium 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
2.36
2.40
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 BWEN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BWEN is neutral. |
| ChartMill Relative Strength | 77.89 | POSITIVE | BWEN has a high relative strength, it outperformed 77.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BWEN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BWEN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BWEN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.83 | NEUTRAL | The RSI value for BWEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BWEN has a negative trend. |
| Stochastics (14,3) | 39.31 | NEUTRAL | The Stochastics value for BWEN is a neutral value. |
| Average True Range in percent/ATR (20) | 11.28 | HIGH VOLATILITY | The high ATR as a percentage value for BWEN suggests high volalility. |
| Average Directional Index/ADX (14) | 40.89 | POSITIVE | The high ADX value value for BWEN suggests a strong trend. |
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)
2.38
-0.23 (-8.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-8.81%
1 Week-5.56%
2 Weeks-15%
1 Month26.6%
3 Month46.91%
6 Month35.23%
12 Month-9.85%
2 Year-47.46%
3 Year-21.19%
5 Year-34.44%
10 Year-25.16%
15 Year-85.75%
Volatility
ATR(14)0.23
ATR(20)%11.28%
ATR Inc7.7%
Range Today0.33
ADR(20)0.26
ADR(20)%10.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.89
Mansfield1.59
10 Day High3.03
10 Day Low2.34
20 Day High3.03
20 Day Low1.84
52 Week High3.03
52 Week Low1.41
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-12.99%
DER(5)-2.55%
Volume244.80K
Volume Incr-43.27%
Vol(5)204.88K
Vol(50)213.49K