COMMUNITY WEST BANCSHARES (CWBC) Technical Analysis
NASDAQ:CWBC • US2039371073
Current stock price
CWBC Technical Rating and Analysis
Overall CWBC gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CWBC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, CWBC did better than 81% of all other stocks. On top of that, CWBC also shows a nice and consistent pattern of rising prices.
- CWBC is one of the better performing stocks in the Banks industry, it outperforms 77% of 377 stocks in the same industry.
- CWBC 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 CWBC is lagging the market slightly.
- In the last month CWBC has a been trading in the 22.00 - 24.30 range, which is quite wide. It is currently trading near the high of this range.
CWBC Weekly and Daily overview Charts
CWBC Setup Rating and Analysis
Although CWBC has an excellent technical rating, it does not present a decent entry opportunity 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
CWBC Support and Resistance Analysis
21.01
When analyzing the support we can see 2 important areas.
- A support zone ranging from 22.05 to 23.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.22 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.41 to 25.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
CWBC 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 CWBC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CWBC is up. |
| ChartMill Relative Strength | 81.13 | POSITIVE | CWBC has a high relative strength, it outperformed 81.13% 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) | 65.58 | NEUTRAL | The RSI value for CWBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests CWBC has a positive trend. |
| Stochastics (14,3) | 88.84 | OVERBOUGHT | The high Stochastics value suggests CWBC may be overbought. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for CWBC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.74 | NEGATIVE | The low ADX value for CWBC suggests a weak or negative trend. |
CWBC Chart- and CandleStick Pattern Analysis
CWBC Technicals: Chart, Performance Metrics, Trend & Indicators
24.15
+0.24 (+1%)
COMMUNITY WEST BANCSHARES / CWBC TA FAQ
Can you provide the ChartMill technical rating for COMMUNITY WEST BANCSHARES?
ChartMill assigns a technical rating of 10 / 10 to CWBC.
What is the trend direction for CWBC stock?
The current trend direction for COMMUNITY WEST BANCSHARES (CWBC) is Bullish.
What is the RSI signal for CWBC stock?
COMMUNITY WEST BANCSHARES (CWBC) has an RSI value of 65.5833. This indicates that the stock is currently neutral.
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 CWBC stock?
The buy/sell signal for COMMUNITY WEST BANCSHARES (CWBC) is buy as both the short term and long term trends are positive.