CURTISS-WRIGHT CORP (CW) Stock Technical Analysis
NYSE:CW - New York Stock Exchange, Inc. - US2315611010 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to CW. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CW is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CW did better than 95% of all other stocks. We also observe that the gains produced by CW over the past year are nicely spread over this period.
CW is part of the Aerospace & Defense industry. There are 66 other stocks in this industry. CW outperforms 78% of them.
CW is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CW is leading the market.
CW is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Besides having an excellent technical rating, CW also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 466.83, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
292.81
478.94
We found 2 important support areas.
- A support zone ranging from 462.80 to 466.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @295.77 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 473.33 to 474.20. 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 CW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CW is up. |
| ChartMill Relative Strength | 95.24 | POSITIVE | CW has a high relative strength, it outperformed 95.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.71 | OVERBOUGHT | The high RSI value suggests CW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.36 | NEGATIVE | The MACD value suggests CW has a negative trend. |
| Stochastics (14,3) | 71.1 | NEUTRAL | The Stochastics value for CW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for CW suggests some volalility. |
| Average Directional Index/ADX (14) | 56.31 | POSITIVE | The high ADX value value for CW 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 |
|---|---|---|---|
| 474.21 | 462.79 | 11.42 (2.41%) | 25.00% |
| An entry @474.21. This is a Buy Stop order right above the resistance zone. | An exit @462.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 11.42 points, which is 2.41%. | For a 0.60% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CW. Please evaluate whether better entry and exit points can be found.
- 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.
466.84
+4.03 (+0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.87%
1 Week-1.55%
2 Weeks3.98%
1 Month12.38%
3 Month43.51%
6 Month31.79%
12 Month69.75%
2 Year154.19%
3 Year253.51%
5 Year422.89%
10 Year544.45%
15 Year1507.58%
Volatility
ATR(14)10.78
ATR(20)%2.38%
ATR Inc14%
Range Today9.96
ADR(20)10.85
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.24
Mansfield3.14
10 Day High479.91
10 Day Low443
20 Day High479.91
20 Day Low412.92
52 Week High479.91
52 Week Low258.85
CS1 End466.83
CR1 Start473.33
Volume & EV
DER(3)0.46%
DER(5)2%
Volume1.23M
Volume Incr74.1%
Vol(5)594.82K
Vol(50)318.51K