Overall CWBC gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CWBC is showing a nice and steady performance.
Although CWBC has an excellent technical rating, the quality of the presented setup is not ideal 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
16.76
We found 4 important support areas.
- A support zone ranging from 21.75 to 22.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.12 to 21.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.69 from a horizontal line in the daily time frame.
- Support @16.93 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for CWBC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CWBC is up. |
| ChartMill Relative Strength | 82.06 | POSITIVE | CWBC has a high relative strength, it outperformed 82.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CWBC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CWBC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CWBC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.19 | OVERBOUGHT | The high RSI value suggests CWBC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests CWBC has a positive trend. |
| Stochastics (14,3) | 91.97 | OVERBOUGHT | The high Stochastics value suggests CWBC may be overbought. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for CWBC suggests some volalility. |
| Average Directional Index/ADX (14) | 37.95 | POSITIVE | The high ADX value value for CWBC suggests a strong trend. |
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 |
|---|---|---|---|
| 24.31 | 22.90 | 1.41 (5.78%) | 17.30% |
| An entry @24.31. This is a Buy Stop order right above the 10 day high. | An exit @22.90. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.41 points, which is 5.78%. | When investing 17.30% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
24.06
-0.14 (-0.58%)
COMMUNITY WEST BANCSHARES / CWBC FAQ
Can you provide the ChartMill technical rating for COMMUNITY WEST BANCSHARES?
ChartMill assigns a technical rating of 10 / 10 to CWBC.
Can you provide the trend direction for COMMUNITY WEST BANCSHARES?
The current trend direction for COMMUNITY WEST BANCSHARES (CWBC) is Bullish.
Can you provide the RSI signal for COMMUNITY WEST BANCSHARES?
COMMUNITY WEST BANCSHARES (CWBC) has an RSI value of 78.1907. This indicates that the stock is currently overbought.
What is the short term momentum for COMMUNITY WEST BANCSHARES (CWBC) stock?
The short term momentum for COMMUNITY WEST BANCSHARES (CWBC) is positive.
What is the buy/sell signal for COMMUNITY WEST BANCSHARES (CWBC) stock?
The buy/sell signal for COMMUNITY WEST BANCSHARES (CWBC) is buy as both the short term and long term trends are positive.