Taking everything into account, BWMN scores 1 out of 10 in our technical rating. BWMN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
BWMN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 35.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.54, a Stop Loss order could be placed below this zone.
32.18
We found 1 important support area.
2 important resistance 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 | NEUTRAL | NEUTRAL | The long term trend for BWMN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BWMN is down. |
| ChartMill Relative Strength | 65.71 | NEUTRAL | BWMN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BWMN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BWMN is below a declining 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) | 44.64 | NEUTRAL | The RSI value for BWMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BWMN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.54 | OVERSOLD | The low Stochastics value suggests BWMN may be oversold. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for BWMN suggests some volalility. |
| Average Directional Index/ADX (14) | 28.65 | POSITIVE | The high ADX value value for BWMN suggests a strong trend. |
33.87
+0.85 (+2.57%)
ChartMill assigns a technical rating of 1 / 10 to BWMN.
The current trend direction for BOWMAN CONSULTING GROUP LTD (BWMN) is Bearish.
BOWMAN CONSULTING GROUP LTD (BWMN) has an RSI value of 44.6381. This indicates that the stock is currently neutral.
BOWMAN CONSULTING GROUP LTD (BWMN) has a support level at 32.54 and a resistance level at 35.83. Check the full technical report for our detailed analysis of BWMN support and resistance levels.