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. Although BWEN is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
72% of all other stocks performed better in the past year than BWEN.
The long and short term trends are both positive. This is looking good!
In the last month BWEN has a been trading in the 1.73 - 2.31 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.
BWEN is an average performer in the Electrical Equipment industry, it outperforms 44% 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BWEN 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
1.63
3.66
We found 2 important support areas.
- A support zone ranging from 1.86 to 1.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.65 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @3.62 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for BWEN is up. |
| ChartMill Relative Strength | 28.78 | NEGATIVE | BWEN has a low relative strength, it was outperformed by 71.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BWEN is above 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) | DOWN | MIXED | The current price of BWEN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.75 | OVERBOUGHT | The high RSI value suggests BWEN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BWEN has a positive trend. |
| Stochastics (14,3) | 68.1 | NEUTRAL | The Stochastics value for BWEN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for BWEN suggests some volalility. |
| Average Directional Index/ADX (14) | 30.91 | 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)
2.18
+0.29 (+15.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg15.34%
1 Week19.78%
2 Weeks20.44%
1 Month23.16%
3 Month29.76%
6 Month7.39%
12 Month-31.87%
2 Year-42.63%
3 Year2.83%
5 Year-52.92%
10 Year-38.76%
15 Year-92.68%
Volatility
ATR(14)0.1
ATR(20)%4.46%
ATR Inc209.76%
Range Today0.4
ADR(20)0.09
ADR(20)%4.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.78
Mansfield0.62
10 Day High2.31
10 Day Low1.77
20 Day High2.31
20 Day Low1.73
52 Week High3.44
52 Week Low1.41
CS1 End1.88
CR1 Start3.62
Volume & EV
DER(3)5.7%
DER(5)3.67%
Volume1.09M
Volume Incr209.22%
Vol(5)279.07K
Vol(50)127.43K