BETTERWARE DE MEXICO SAPI DE (BWMX) Technical Analysis
NYSE:BWMX • MX00BW020002
Current stock price
BWMX Technical Rating and Analysis
Overall BWMX gets a technical rating of 5 out of 10. In the last year, BWMX was one of the better performers, but we do observe some doubts in the very recent evolution.
- BWMX is part of the Specialty Retail industry. There are 123 other stocks in this industry. BWMX outperforms 88% of them.
- BWMX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BWMX is performing more or less in line with the market.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the yearly performance of all stocks, we notice that BWMX is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- In the last month BWMX has a been trading in the 15.56 - 19.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BWMX Weekly and Daily overview Charts
BWMX Setup Rating and Analysis
Although the technical rating is only medium, BWMX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 16.57, a Stop Loss order could be placed below this zone.
More info and screens
BWMX Support and Resistance Analysis
13.79
4 important support areas can be observed.
- A support zone ranging from 16.57 to 16.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.07 to 16.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.79 to 14.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.93 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 17.05 to 17.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @19.44 from a horizontal line in the daily time frame.
BWMX 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 | UP | POSITIVE | The long term trend for BWMX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BWMX is down. |
| ChartMill Relative Strength | 89.69 | POSITIVE | BWMX has a high relative strength, it outperformed 89.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BWMX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BWMX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BWMX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.67 | NEUTRAL | The RSI value for BWMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BWMX has a negative trend. |
| Stochastics (14,3) | 44.26 | NEUTRAL | The Stochastics value for BWMX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for BWMX suggests some volalility. |
| Average Directional Index/ADX (14) | 23.81 | NEUTRAL | The ADX value for BWMX suggests a possible start of a new trend. |
BWMX Chart- and CandleStick Pattern Analysis
BWMX Technicals: Chart, Performance Metrics, Trend & Indicators
16.67
-0.42 (-2.46%)
BETTERWARE DE MEXICO SAPI DE / BWMX TA FAQ
What is the technical rating for BWMX stock?
ChartMill assigns a technical rating of 5 / 10 to BWMX.
What is the current trend direction of BETTERWARE DE MEXICO SAPI DE (BWMX) stock?
The current trend direction for BETTERWARE DE MEXICO SAPI DE (BWMX) is Bullish.
What is the RSI signal for BETTERWARE DE MEXICO SAPI DE (BWMX) stock?
BETTERWARE DE MEXICO SAPI DE (BWMX) has an RSI value of 41.6697. This indicates that the stock is currently neutral.
What is the buy/sell signal for BWMX stock?
The buy/sell signal for BETTERWARE DE MEXICO SAPI DE (BWMX) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for BETTERWARE DE MEXICO SAPI DE (BWMX) stock?
BETTERWARE DE MEXICO SAPI DE (BWMX) has a support level at 16.57 and a resistance level at 17.05. Check the full technical report for our detailed analysis of BWMX support and resistance levels.