We assign a technical rating of 10 out of 10 to BWFG. Both in the recent history as in the last year, BWFG has proven to be a steady performer, scoring decent points in every aspect analyzed.
BWFG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
27.77
6 important support areas can be observed.
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 BWFG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BWFG is up. |
| ChartMill Relative Strength | 88.06 | POSITIVE | BWFG has a high relative strength, it outperformed 88.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BWFG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BWFG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BWFG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.2 | NEUTRAL | The RSI value for BWFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests BWFG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.89 | NEUTRAL | The Stochastics value for BWFG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for BWFG suggests some volalility. |
| Average Directional Index/ADX (14) | 44.3 | POSITIVE | The high ADX value value for BWFG suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 48.96 | 43.89 | 5.07 (10.36%) | 9.66% |
| An entry @48.96. This is a Buy Stop order right above the 10 day high. | An exit @43.89. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.07 points, which is 10.36%. | For a 1.00% total portfolio risk, you can invest 9.66% of your capital in this trade. |
47.34
-0.27 (-0.57%)
ChartMill assigns a technical rating of 10 / 10 to BWFG.
The current trend direction for BANKWELL FINANCIAL GROUP INC (BWFG) is Bullish.
BANKWELL FINANCIAL GROUP INC (BWFG) has an RSI value of 67.1975. This indicates that the stock is currently neutral.
The short term momentum for BANKWELL FINANCIAL GROUP INC (BWFG) is positive.
The buy/sell signal for BANKWELL FINANCIAL GROUP INC (BWFG) is buy as both the short term and long term trends are positive.