BOWMAN CONSULTING GROUP LTD (BWMN) Technical Analysis
NASDAQ:BWMN • US1030021018
Current stock price
BWMN Technical Rating and Analysis
Overall BWMN gets a technical rating of 2 out of 10. 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When compared to the yearly performance of all other stocks, BWMN outperforms 62% of them, which is more or less in line with the market.
- BWMN is part of the Construction & Engineering industry. There are 56 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 25.96 - 30.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BWMN Weekly and Daily overview Charts
BWMN Setup Rating and Analysis
Although the technical rating is bad, BWMN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 29.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.90, a Stop Loss order could be placed below this zone.
More info and screens
BWMN Support and Resistance Analysis
26.42
2 important support areas can be observed.
- A support zone ranging from 28.42 to 28.90. 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 26.69 to 27.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 29.66 to 30.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.76 from a trend line in the daily time frame.
- Resistance @36.18 from a horizontal line in the daily time frame.
BWMN 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BWMN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BWMN is neutral. |
| ChartMill Relative Strength | 62.34 | 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) | DOWN | NEGATIVE | The current price of BWMN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BWMN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.61 | NEUTRAL | The RSI value for BWMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests BWMN has a positive trend. |
| Stochastics (14,3) | 68.5 | NEUTRAL | The Stochastics value for BWMN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.82 | MEDIUM VOLATILITY | The ATR as a percentage value for BWMN suggests some volalility. |
| Average Directional Index/ADX (14) | 26.54 | POSITIVE | The high ADX value value for BWMN suggests a strong trend. |
BWMN Chart- and CandleStick Pattern Analysis
BWMN Technicals: Chart, Performance Metrics, Trend & Indicators
29.65
+0.14 (+0.47%)
BOWMAN CONSULTING GROUP LTD / BWMN TA FAQ
Can you provide the ChartMill technical rating for BOWMAN CONSULTING GROUP LTD?
ChartMill assigns a technical rating of 2 / 10 to BWMN.
What is the current trend direction of BOWMAN CONSULTING GROUP LTD (BWMN) stock?
The current trend direction for BOWMAN CONSULTING GROUP LTD (BWMN) is Bearish.
What is the RSI signal for BWMN stock?
BOWMAN CONSULTING GROUP LTD (BWMN) has an RSI value of 49.6063. This indicates that the stock is currently neutral.
What is the MACD signal for BOWMAN CONSULTING GROUP LTD (BWMN) stock?
The MACD indicator for BOWMAN CONSULTING GROUP LTD (BWMN) has a value of 0.337106, indicating a bearish trend.