COMMUNITY WEST BANCSHARES (CWBC)

US2039371073 - Common Stock

17.83  -0.17 (-0.94%)

After market: 17.83 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to CWBC. 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.

In the last month CWBC has a been trading in the 15.50 - 24.47 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CWBC is one of the better performing stocks in the market, outperforming 88% of all 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 95% of 412 stocks in the same industry.
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
CWBC Weekly chart
CWBC Daily chart
Setup Rating and Analysis

5

Besides having an excellent technical rating, CWBC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 17.82, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

14.37

18.61

5 important support areas can be observed.

  • A support zone ranging from 17.62 to 17.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @15.67 from a trend line in the daily time frame.
  • Support @15.08 from a trend line in the weekly time frame.
  • Support @14.84 from a trend line in the daily time frame.
  • Support @14.52 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 18.05 to 18.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.31
Mansfield1.58
10 Day High18.99
10 Day Low16.77
20 Day High24.47
20 Day Low15.5
52 Week High24.47
52 Week Low10.38
Performance
1 Week-1.49%
2 Weeks-0.17%
1 Month15.18%
3 Month12.14%
6 Month41.51%
12 Month44.26%
2 Year24.77%
3 Year44.14%
5 Year78.3%
10 Year157.29%
15 Year572.83%
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)
Technical Indicators
MACD(12,26,9)-0.15
RSI(14)55.13
LBB17.63
UBB18.47
CWBC Daily chart

COMMUNITY WEST BANCSHARES

NASDAQ:CWBC (4/26/2024, 7:00:00 PM)

After market: 17.83 0 (0%)

17.83

-0.17 (-0.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.94%
1 Week-1.49%
2 Weeks-0.17%
1 Month15.18%
3 Month12.14%
6 Month41.51%
12 Month44.26%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.7
ATR(20)%6.39%
ATR Inc
Range Today0.29
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High18.99
10 Day Low16.77
20 Day High24.47
20 Day Low15.5
52 Week High24.47
52 Week Low10.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume21.20K
Volume Incr-44.23%
Vol(5)46.70K
Vol(50)43.21K