BETTERWARE DE MEXICO SAPI DE (BWMX) Stock Technical Analysis
NYSE:BWMX - New York Stock Exchange, Inc. - MX00BW020002 - Common Stock - Currency: USD
Overall BWMX gets a technical rating of 0 out of 10. BWMX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture 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.
92% of all other stocks performed better in the past year than BWMX.
BWMX is part of the Specialty Retail industry. There are 121 other stocks in this industry, of which 78% are performing better than BWMX.
BWMX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BWMX is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month BWMX has a been trading in the 7.00 - 9.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of BWMX is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.56
12.88
We found 1 important support area.
- Support @7.64 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @11.24 from a trend line in the daily time frame.
- Resistance @11.74 from a trend line in the daily time frame.
- Resistance @12.08 from a horizontal line in the daily time frame.
- Resistance @12.75 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 | DOWN | NEGATIVE | The long term trend for BWMX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BWMX is neutral. |
| ChartMill Relative Strength | 8.61 | NEGATIVE | BWMX has a low relative strength, it was outperformed by 91.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BWMX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BWMX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BWMX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.44 | NEUTRAL | The RSI value for BWMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests BWMX has a positive trend. |
| Stochastics (14,3) | 70.44 | NEUTRAL | The Stochastics value for BWMX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for BWMX suggests high volalility. |
| Average Directional Index/ADX (14) | 35.7 | POSITIVE | The high ADX value value for BWMX 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)
8.81
+0.56 (+6.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg6.79%
1 Week11.38%
2 Weeks15.16%
1 Month-5.98%
3 Month-22.79%
6 Month-19.84%
12 Month-40.63%
2 Year-31.86%
3 Year1.97%
5 Year-10.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%5.37%
ATR Inc9.59%
Range Today0.54
ADR(20)0.47
ADR(20)%5.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.61
Mansfield-2.86
10 Day High8.82
10 Day Low7.65
20 Day High9.55
20 Day Low7
52 Week High16.04
52 Week Low7
CS1 End7.64
CR1 Start11.24
Volume & EV
DER(3)4.99%
DER(5)3.29%
Volume30.30K
Volume Incr-60.16%
Vol(5)29.50K
Vol(50)48.18K