COMMUNITY WEST BANCSHARES (CWBC) Stock Technical Analysis
NASDAQ:CWBC - Nasdaq - US2039371073 - Common Stock - Currency: USD
Taking everything into account, CWBC scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CWBC is only an average performer.
CWBC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 20.75, a Stop Loss order could be placed below this zone.
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16.32
When analyzing the support we can see 4 important areas.
- A support zone ranging from 20.72 to 20.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.16 to 19.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.57 to 18.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16.48 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @21.18 from a trend line in the daily time frame.
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 | 69.82 | NEUTRAL | CWBC is not amongst the best or worst performers 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) | 70.97 | OVERBOUGHT | The high RSI value suggests CWBC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CWBC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.8 | OVERBOUGHT | The high Stochastics value suggests CWBC may be overbought. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for CWBC suggests some volalility. |
| Average Directional Index/ADX (14) | 45.18 | POSITIVE | The high ADX value value for CWBC suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.19 | 20.71 | 0.48 (2.27%) | 25.00% |
| An entry @21.19. This is a Buy Stop order right above the resistance zone. | An exit @20.71. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.48 points, which is 2.27%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.57%. |
- The distance between exit and entry is rather small compared to the average daily movement of CWBC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:CWBC (7/15/2025, 10:18:01 AM)
20.84
-0.07 (-0.33%)