Taking everything into account, CWBC scores 7 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.
Although CWBC has an excellent technical rating, it does not present a decent entry opportunity 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
16.64
We found 5 important support areas.
- A support zone ranging from 20.78 to 21.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.21 from a trend line in the daily time frame.
- A support zone ranging from 19.85 to 19.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.65 from a horizontal line in the daily time frame.
- Support @16.81 from a trend line in the weekly 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 | 63.15 | 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) | 65.61 | 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. |
| Stochastics (14,3) | 63.11 | NEUTRAL | The Stochastics value for CWBC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for CWBC suggests some volalility. |
| Average Directional Index/ADX (14) | 10.67 | NEGATIVE | The low ADX value for CWBC suggests a weak or negative trend. |
22.23
+0.91 (+4.27%)
COMMUNITY WEST BANCSHARES / CWBC FAQ
Can you provide the ChartMill technical rating for COMMUNITY WEST BANCSHARES?
ChartMill assigns a technical rating of 7 / 10 to CWBC.
Can you provide the trend direction for COMMUNITY WEST BANCSHARES?
The current trend direction for COMMUNITY WEST BANCSHARES (CWBC) is Bullish.
Can you provide the RSI signal for COMMUNITY WEST BANCSHARES?
COMMUNITY WEST BANCSHARES (CWBC) has an RSI value of 65.6117. This indicates that the stock is currently neutral.
What is the short term momentum for COMMUNITY WEST BANCSHARES (CWBC) stock?
The short term momentum for COMMUNITY WEST BANCSHARES (CWBC) is positive.
What is the buy/sell signal for COMMUNITY WEST BANCSHARES (CWBC) stock?
The buy/sell signal for COMMUNITY WEST BANCSHARES (CWBC) is buy as both the short term and long term trends are positive.