BOWMAN CONSULTING GROUP LTD (BWMN) Stock Technical Analysis
USA - NASDAQ:BWMN - US1030021018 - Common Stock
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.
The technical rating of BWMN is bad and it also does not present a quality setup 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
32.20
We found 2 important support areas.
- Support @33.13 from a trend line in the daily time frame.
- A support zone ranging from 32.53 to 32.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 34.58 to 35.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @43.89 from a horizontal line in the daily 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 | 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 | 66.3 | 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) | 32.65 | NEUTRAL | The RSI value for BWMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.69 | NEGATIVE | The MACD value suggests BWMN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.79 | OVERSOLD | The low Stochastics value suggests BWMN may be oversold. |
| Average True Range in percent/ATR (20) | 6.45 | HIGH VOLATILITY | The high ATR as a percentage value for BWMN suggests high volalility. |
| Average Directional Index/ADX (14) | 25.25 | POSITIVE | The high ADX value value for BWMN suggests a strong trend. |
33.68
+0.11 (+0.33%)
BOWMAN CONSULTING GROUP LTD / BWMN FAQ
Can you provide the ChartMill technical rating for BOWMAN CONSULTING GROUP LTD?
ChartMill assigns a technical rating of 1 / 10 to BWMN.
What is the trend direction for BWMN stock?
The current trend direction for BOWMAN CONSULTING GROUP LTD (BWMN) is Bearish.
Can you provide the RSI signal for BOWMAN CONSULTING GROUP LTD?
BOWMAN CONSULTING GROUP LTD (BWMN) has an RSI value of 32.6468. 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 -0.689191, indicating a bearish trend.
What are the support and resistance levels for BOWMAN CONSULTING GROUP LTD (BWMN) stock?
BOWMAN CONSULTING GROUP LTD (BWMN) has a support level at 33.13 and a resistance level at 34.58. Check the full technical report for our detailed analysis of BWMN support and resistance levels.