BOWMAN CONSULTING GROUP LTD (BWMN) Stock Technical Analysis
NASDAQ:BWMN - Nasdaq - US1030021018 - Common Stock - Currency: USD
Taking everything into account, BWMN scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BWMN is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the performance of all stocks over the past year, BWMN turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
BWMN is part of the Construction & Engineering industry. There are 52 other stocks in this industry, BWMN did better than 41% of them.
BWMN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BWMN is lagging the market slightly.
In the last month BWMN has a been trading in the 24.70 - 28.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although BWMN 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
24.49
27.95
We found 2 important support areas.
- A support zone ranging from 26.68 to 26.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 24.74 to 25.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.67 to 27.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BWMN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BWMN is up. |
| ChartMill Relative Strength | 55.97 | NEUTRAL | BWMN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BWMN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BWMN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BWMN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.73 | OVERBOUGHT | The high RSI value suggests BWMN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests BWMN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.6 | NEUTRAL | The Stochastics value for BWMN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for BWMN suggests some volalility. |
| Average Directional Index/ADX (14) | 30.22 | POSITIVE | The high ADX value value for BWMN 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)
27.66
+0.02 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.07%
1 Week2.44%
2 Weeks10.33%
1 Month8.81%
3 Month18.76%
6 Month0.4%
12 Month-10.72%
2 Year-13.24%
3 Year124.15%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.83
ATR(20)%3.05%
ATR Inc1.77%
Range Today0.75
ADR(20)0.82
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.97
Mansfield0.49
10 Day High28.75
10 Day Low24.78
20 Day High28.75
20 Day Low24.7
52 Week High36.65
52 Week Low17.9
CS1 End26.79
CR1 Start27.67
Volume & EV
DER(3)0.36%
DER(5)-0.42%
Volume106.50K
Volume Incr9.98%
Vol(5)85.58K
Vol(50)88.08K