BOWMAN CONSULTING GROUP LTD (BWMN) Stock Technical Analysis
NASDAQ:BWMN - Nasdaq - US1030021018 - Common Stock - Currency: USD
Overall BWMN gets a technical rating of 8 out of 10. Although BWMN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
BWMN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BWMN is lagging the market slightly.
In the last month BWMN has a been trading in the 26.51 - 33.27 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, BWMN did better than 72% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
BWMN is an average performer in the Construction & Engineering industry, it outperforms 45% of 49 stocks in the same industry.
BWMN has an excellent technical rating, but the quality of the setup is only medium 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
26.38
31.79
3 important support areas can be observed.
- A support zone ranging from 29.62 to 29.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @28.63 from a horizontal line in the daily time frame.
- A support zone ranging from 26.65 to 26.92. 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 | 72.36 | POSITIVE | BWMN has a high relative strength, it outperformed 72.36% off all stocks 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) | 65.73 | NEUTRAL | The RSI value for BWMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests BWMN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.96 | NEUTRAL | The Stochastics value for BWMN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for BWMN suggests some volalility. |
| Average Directional Index/ADX (14) | 46.29 | 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)
31.48
-1.01 (-3.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-3.11%
1 Week3.35%
2 Weeks5.85%
1 Month17.68%
3 Month41.61%
6 Month21.22%
12 Month-8.25%
2 Year-9.15%
3 Year129.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.04
ATR(20)%3.12%
ATR Inc36.07%
Range Today1.51
ADR(20)0.95
ADR(20)%3.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.36
Mansfield1.65
10 Day High33.28
10 Day Low28.73
20 Day High33.28
20 Day Low26.51
52 Week High36.65
52 Week Low17.9
CS1 End29.72
CR1 StartN/A
Volume & EV
DER(3)-4.72%
DER(5)-2.18%
Volume73.90K
Volume Incr9.08%
Vol(5)115.18K
Vol(50)93.45K