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COMMUNITY WEST BANCSHARES (CWBC) Stock Technical Analysis

NASDAQ:CWBC - Nasdaq - US2039371073 - Common Stock - Currency: USD

18.26  +0.27 (+1.5%)

After market: 18.26 0 (0%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to CWBC. CWBC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

CWBC is part of the Banks industry. There are 396 other stocks in this industry, of which 69% are performing better than CWBC.
CWBC 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, CWBC outperforms 58% of them, which is more or less in line with the market.
CWBC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CWBC is lagging the market slightly.
Weekly and Daily overview Charts
COMMUNITY WEST BANCSHARES / CWBC Weekly stock chart
COMMUNITY WEST BANCSHARES / CWBC Daily stock chart
Setup Rating and Analysis

10

Although the technical rating is only medium, CWBC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 18.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.12, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CWBC in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • 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.
Support and Resistance Analysis

15.56

18.88

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 17.86 to 18.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @16.24 from a trend line in the weekly time frame.
  • A support zone ranging from 15.72 to 15.82. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 18.39 to 18.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for CWBC is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for CWBC is neutral.
ChartMill Relative Strength58.53NEUTRALCWBC is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CWBC is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of CWBC is above a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of CWBC is below a declining SMA(200).
Relative Strength Index/RSI (14)58.18NEUTRALThe RSI value for CWBC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests CWBC has a negative trend, although the MACD value is rising.
Stochastics (14,3)46.52NEUTRALThe Stochastics value for CWBC is a neutral value.
Average True Range in percent/ATR (20)2.06MEDIUM VOLATILITYThe ATR as a percentage value for CWBC suggests some volalility.
Average Directional Index/ADX (14)14.17NEGATIVEThe low ADX value for CWBC suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
COMMUNITY WEST BANCSHARES / CWBC Daily stock chart

COMMUNITY WEST BANCSHARES

NASDAQ:CWBC (6/9/2025, 8:21:44 PM)

After market: 18.26 0 (0%)

18.26

+0.27 (+1.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.5%
1 Week3.87%
2 Weeks3.28%
1 Month1.73%
3 Month1.44%
6 Month-15.07%
12 Month9.93%
2 Year50.29%
3 Year27.6%
5 Year116.87%
10 Year176.67%
15 Year630.4%
Volatility
ATR(14)0.38
ATR(20)%2.06%
ATR Inc3.16%
Range Today0.39
ADR(20)0.35
ADR(20)%1.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.53
Mansfield-0.8
10 Day High18.4
10 Day Low17.55
20 Day High18.73
20 Day Low17.5
52 Week High22.89
52 Week Low15.57
CS1 End18.12
CR1 Start18.39
Volume & EV
DER(3)3.88%
DER(5)2.73%
Volume52.70K
Volume Incr3.17%
Vol(5)45.04K
Vol(50)49.00K