Overall BWFG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BWFG is showing a nice and steady performance.
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.
More info and screens
27.77
7 important support areas can be observed.
- A support zone ranging from 47.97 to 48.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @47.02 from a trend line in the daily time frame.
- A support zone ranging from 45.30 to 45.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.93 from a horizontal line in the daily time frame.
- Support @40.01 from a horizontal line in the daily time frame.
- Support @32.03 from a trend line in the weekly time frame.
- Support @28.05 from a horizontal 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 BWFG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BWFG is up. |
| ChartMill Relative Strength | 88.56 | POSITIVE | BWFG has a high relative strength, it outperformed 88.56% 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) | 54.4 | NEUTRAL | The RSI value for BWFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests BWFG has a negative trend. |
| Stochastics (14,3) | 34.16 | NEUTRAL | The Stochastics value for BWFG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for BWFG suggests some volalility. |
| Average Directional Index/ADX (14) | 57.36 | POSITIVE | The high ADX value value for BWFG suggests a strong trend. |
48.3
+0.18 (+0.37%)
BANKWELL FINANCIAL GROUP INC / BWFG FAQ
What is the ChartMill technical rating of BANKWELL FINANCIAL GROUP INC (BWFG) stock?
ChartMill assigns a technical rating of 10 / 10 to BWFG.
What is the current trend direction of BANKWELL FINANCIAL GROUP INC (BWFG) stock?
The current trend direction for BANKWELL FINANCIAL GROUP INC (BWFG) is Bullish.
What is the RSI signal for BANKWELL FINANCIAL GROUP INC (BWFG) stock?
BANKWELL FINANCIAL GROUP INC (BWFG) has an RSI value of 54.3986. 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 positive.
What is the buy/sell signal for BWFG stock?
The buy/sell signal for BANKWELL FINANCIAL GROUP INC (BWFG) is buy as both the short term and long term trends are positive.