BANKWELL FINANCIAL GROUP INC (BWFG) Technical Analysis

NASDAQ:BWFG • US06654A1034

Current stock price

50.37 USD
+0.94 (+1.9%)
Last:

BWFG Technical Rating and Analysis

10

Taking everything into account, BWFG scores 10 out of 10 in our technical rating. 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.

  • The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
  • Looking at the yearly performance, BWFG did better than 84% of all other stocks. On top of that, BWFG also shows a nice and consistent pattern of rising prices.
  • BWFG is one of the better performing stocks in the Banks industry, it outperforms 92% of 376 stocks in the same industry.
  • BWFG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BWFG is lagging the market slightly.
  • In the last month BWFG has a been trading in the 45.11 - 53.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
  • Volume is considerably higher in the last couple of days.

BWFG Weekly and Daily overview Charts

BANKWELL FINANCIAL GROUP INC / BWFG Weekly stock chart
BANKWELL FINANCIAL GROUP INC / BWFG Daily stock chart

BWFG Setup Rating and Analysis

4

Although BWFG has an excellent technical rating, the quality of the presented setup is not ideal 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.

BWFG Support and Resistance Analysis

33.50

53.95

4 important support areas can be observed.

  • A support zone ranging from 48.24 to 49.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @47.09 from a trend line in the daily time frame.
  • A support zone ranging from 45.06 to 46.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @33.84 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 52.91 to 53.42. This zone is formed by a combination of multiple trend lines in multiple time frames.

BWFG Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for BWFG is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for BWFG is neutral.
ChartMill Relative Strength84.34POSITIVEBWFG has a high relative strength, it outperformed 84.34% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of BWFG is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of BWFG is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of BWFG is above the rising SMA(200).
Relative Strength Index/RSI (14)50.54NEUTRALThe RSI value for BWFG is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.26NEGATIVEThe MACD value suggests BWFG has a negative trend.
Stochastics (14,3)58.55NEUTRALThe Stochastics value for BWFG is a neutral value.
Average True Range in percent/ATR (20)3.66MEDIUM VOLATILITYThe ATR as a percentage value for BWFG suggests some volalility.
Average Directional Index/ADX (14)15.06NEGATIVEThe low ADX value for BWFG suggests a weak or negative trend.

BWFG Chart- and CandleStick Pattern Analysis

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)

BWFG Technicals: Chart, Performance Metrics, Trend & Indicators

BANKWELL FINANCIAL GROUP INC / BWFG Daily stock chart

BANKWELL FINANCIAL GROUP INC

NASDAQ:BWFG (4/23/2026, 8:00:02 PM)

50.37

+0.94 (+1.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.9%
1 Week-1.64%
2 Weeks-5.69%
1 Month5.11%
3 Month6.33%
6 Month12.91%
12 Month56.48%
2 Year119.67%
3 Year116.55%
5 Year86.49%
10 Year143.33%
15 YearN/A
Volatility
ATR(14)2.08
ATR(20)%3.66%
ATR Inc98.92%
Range Today3.73
ADR(20)1.77
ADR(20)%3.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.34
3 months CRS79.41
6 months CRS78.66
Mansfield0.74
10 Day High53.86
10 Day Low46.92
20 Day High53.86
20 Day Low45.11
52 Week High53.86
52 Week Low32.19
CS1 End49.07
CR1 Start52.91
Volume & EV
DER(3)-0.78%
DER(5)0.3%
Volume58.30K
Volume Incr20.53%
Vol(5)52.76K
Vol(50)38.01K

BANKWELL FINANCIAL GROUP INC / BWFG TA FAQ

What is the ChartMill technical rating of BANKWELL FINANCIAL GROUP INC (BWFG) stock?

ChartMill assigns a technical rating of 10 / 10 to BWFG.


Can you provide the trend direction for BANKWELL FINANCIAL GROUP INC?

The current trend direction for BANKWELL FINANCIAL GROUP INC (BWFG) is Bullish.


Can you provide the RSI signal for BANKWELL FINANCIAL GROUP INC?

BANKWELL FINANCIAL GROUP INC (BWFG) has an RSI value of 50.536. This indicates that the stock is currently neutral.


Can you provide the short term momentum for BANKWELL FINANCIAL GROUP INC?

The short term momentum for BANKWELL FINANCIAL GROUP INC (BWFG) is neutral.


What are the support and resistance levels for BANKWELL FINANCIAL GROUP INC (BWFG) stock?

BANKWELL FINANCIAL GROUP INC (BWFG) has a support level at 49.07 and a resistance level at 52.91. Check the full technical report for our detailed analysis of BWFG support and resistance levels.