EAST WEST BANCORP INC (EWBC)

US27579R1041 - Common Stock

77.2  +1.9 (+2.52%)

After market: 75.74 -1.46 (-1.89%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to EWBC. Both in the recent history as in the last year, EWBC has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, EWBC did better than 88% of all other stocks.
EWBC is part of the Banks industry. There are 411 other stocks in this industry. EWBC outperforms 94% of them.
EWBC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so EWBC is leading the market.
In the last month EWBC has a been trading in the 70.98 - 79.54 range, which is quite wide. It is currently trading near the high of this range.
EWBC has an average volume of 1124750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
EWBC Weekly chart
EWBC Daily chart
Setup Rating and Analysis

3

Although EWBC 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.

Support and Resistance Analysis

57.62

80.04

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 70.54 to 74.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @69.41 from a horizontal line in the weekly time frame.
  • Support @58.20 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 78.47 to 79.25. This zone is formed by a combination of multiple trend lines 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
CRS88.05
Mansfield1.4
10 Day High78.68
10 Day Low70.99
20 Day High79.54
20 Day Low70.99
52 Week High79.54
52 Week Low41.12
Performance
1 Week7.88%
2 Weeks4.75%
1 Month1.14%
3 Month3.93%
6 Month46.66%
12 Month49.35%
2 Year8.27%
3 Year1.38%
5 Year49.96%
10 Year123.7%
15 Year1030.31%
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)0.18
RSI(14)60.5
LBB70.23
UBB77.68
EWBC Daily chart

EAST WEST BANCORP INC

NASDAQ:EWBC (4/24/2024, 7:00:03 PM)

After market: 75.74 -1.46 (-1.89%)

77.2

+1.9 (+2.52%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.52%
1 Week7.88%
2 Weeks4.75%
1 Month1.14%
3 Month3.93%
6 Month46.66%
12 Month49.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.73
ATR(20)%2.27%
ATR Inc
Range Today2.32
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 High78.68
10 Day Low70.99
20 Day High79.54
20 Day Low70.99
52 Week High79.54
52 Week Low41.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.73M
Volume Incr52.72%
Vol(5)1.27M
Vol(50)1.12M