BOWMAN CONSULTING GROUP LTD (BWMN) Stock Technical Analysis
USA - NASDAQ:BWMN - US1030021018 - Common Stock
42.08 USD
+0.21 (+0.5%)
42.08 USD
0 (0%)
Taking everything into account, BWMN scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, BWMN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BWMN did better than 93% of all other stocks. On top of that, BWMN also shows a nice and consistent pattern of rising prices.
BWMN is part of the Construction & Engineering industry. There are 53 other stocks in this industry. BWMN outperforms 86% of them.
BWMN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BWMN has a been trading in the 40.00 - 44.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, BWMN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 40.74, a Stop Loss order could be placed below this zone.
More info and screens
40.24
43.35
When analyzing the support we notice one important area.
- A support zone ranging from 40.65 to 40.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 42.41 to 42.92. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 93.01 | POSITIVE | BWMN has a high relative strength, it outperformed 93.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BWMN is above a declining 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) | 54.71 | NEUTRAL | The RSI value for BWMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests BWMN has a negative trend. |
| Stochastics (14,3) | 51.14 | NEUTRAL | The Stochastics value for BWMN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for BWMN suggests some volalility. |
| Average Directional Index/ADX (14) | 31.55 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 42.93 | 40.64 | 2.29 (5.33%) | 18.75% |
| An entry @42.93. This is a Buy Stop order right above the resistance zone. | An exit @40.64. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.29 points, which is 5.33%. | When investing 18.75% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
42.08
+0.21 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.5%
1 Week-1.93%
2 Weeks3.26%
1 Month-0.82%
3 Month44.56%
6 Month85.54%
12 Month76.66%
2 Year50.12%
3 Year188.22%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.4
ATR(20)%3.21%
ATR Inc-21.87%
Range Today0.67
ADR(20)1.31
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.01
Mansfield3.89
10 Day High44.25
10 Day Low40.62
20 Day High44.25
20 Day Low40
52 Week High44.25
52 Week Low17.9
CS1 End40.74
CR1 Start42.41
Volume & EV
DER(3)-2.29%
DER(5)-0.34%
Volume73.50K
Volume Incr-32.63%
Vol(5)97.02K
Vol(50)157.45K