COMMUNITY WEST BANCSHARES (CWBC) Stock Technical Analysis
NASDAQ:CWBC - Nasdaq - US2039371073 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to CWBC. In the past year, CWBC was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
CWBC is part of the Banks industry. There are 398 other stocks in this industry, of which 78% are performing better than CWBC.
In the last month CWBC has a been trading in the 15.57 - 18.14 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When compared to the yearly performance of all other stocks, CWBC outperforms 47% of them, which is more or less in line with the market.
CWBC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
The technical rating of CWBC is bad and it also does not present a quality setup 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
15.56
19.75
When analyzing the support we notice one important area.
- A support zone ranging from 15.72 to 15.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @18.14 from a trend line in the daily time frame.
- Resistance @18.57 from a horizontal line in the daily time frame.
- A resistance zone ranging from 19.49 to 19.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.07
Mansfield-0.46
10 Day High18.14
10 Day Low15.8
20 Day High18.14
20 Day Low15.57
52 Week High22.89
52 Week Low15.57
Performance
1 Week3.57%
2 Weeks12.23%
1 Month5.76%
3 Month-7.7%
6 Month-3.33%
12 Month3.39%
2 Year63.99%
3 Year30.41%
5 Year176.34%
10 Year164.56%
15 Year578.87%
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)0.23
RSI(14)62.31
LBB15.37
UBB18.29
17.99
+0.49 (+2.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.8%
1 Week3.57%
2 Weeks12.23%
1 Month5.76%
3 Month-7.7%
6 Month-3.33%
12 Month3.39%
2 Year63.99%
3 Year30.41%
5 Year176.34%
10 Year164.56%
15 Year578.87%
Volatility
ATR(14)0.54
ATR(20)%3.97%
ATR Inc-4.33%
Range Today0.65
ADR(20)0.7
ADR(20)%3.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.07
Mansfield-0.46
10 Day High18.14
10 Day Low15.8
20 Day High18.14
20 Day Low15.57
52 Week High22.89
52 Week Low15.57
CS1 End15.96
CR1 Start18.14
Volume & EV
DER(3)1.58%
DER(5)-0.52%
Volume60.80K
Volume Incr23.19%
Vol(5)63.66K
Vol(50)54.61K