COMMUNITY WEST BANCSHARES (CWBC) Stock Technical Analysis
NASDAQ:CWBC - Nasdaq - US2039371073 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to CWBC. CWBC has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
CWBC is one of the lesser performing stocks in the Banks industry. 64% of 395 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month CWBC has a been trading in the 17.50 - 18.78 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, CWBC turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
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.
Volume is considerably higher in the last couple of days.
CWBC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 18.19, 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
15.56
18.88
We found 3 important support areas.
- A support zone ranging from 17.96 to 18.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.29 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 18.14 to 18.69. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for CWBC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CWBC is up. |
| ChartMill Relative Strength | 57.76 | NEUTRAL | CWBC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CWBC is above a declining 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) | DOWN | NEGATIVE | The current price of CWBC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.06 | NEUTRAL | The RSI value for CWBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CWBC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.94 | NEUTRAL | The Stochastics value for CWBC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for CWBC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.21 | NEGATIVE | The low ADX value for CWBC suggests a weak or negative 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)
NASDAQ:CWBC (6/17/2025, 3:10:02 PM)
18.09
-0.1 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.55%
1 Week-0.38%
2 Weeks3.47%
1 Month-1.19%
3 Month1.06%
6 Month-6.91%
12 Month8.6%
2 Year49.71%
3 Year27.11%
5 Year116.04%
10 Year175.61%
15 Year627.6%
Volatility
ATR(14)0.37
ATR(20)%2.12%
ATR Inc21.8%
Range Today0.23
ADR(20)0.38
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.76
Mansfield-0.88
10 Day High18.78
10 Day Low17.56
20 Day High18.78
20 Day Low17.5
52 Week High22.89
52 Week Low15.57
CS1 End18.19
CR1 Start18.41
Volume & EV
DER(3)-3.08%
DER(5)-1.17%
Volume40.19K
Volume Incr76.81%
Vol(5)77.30K
Vol(50)52.36K