EAST WEST BANCORP INC (EWBC) Stock Technical Analysis
USA - NASDAQ:EWBC - US27579R1041 - Common Stock
94.31 USD
-6.93 (-6.85%)
94.31 USD
0 (0%)
Taking everything into account, EWBC scores 0 out of 10 in our technical rating. EWBC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
74% of all other stocks performed better in the past year than EWBC.
In the last month EWBC has a been trading in the 92.67 - 109.61 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
EWBC is an average performer in the Banks industry, it outperforms 42% of 391 stocks in the same industry.
EWBC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EWBC is lagging the market.
The technical rating of EWBC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
73.15
111.18
We found 1 important support area.
- Support @73.89 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 107.45 to 110.08. This zone is formed by a combination of multiple trend lines 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 EWBC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EWBC is down. |
| ChartMill Relative Strength | 26.87 | NEGATIVE | EWBC has a low relative strength, it was outperformed by 73.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EWBC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EWBC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EWBC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.65 | OVERSOLD | The low RSI value suggests EWBC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.11 | NEGATIVE | The MACD value suggests EWBC has a negative trend. |
| Stochastics (14,3) | 24.61 | NEUTRAL | The Stochastics value for EWBC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for EWBC suggests some volalility. |
| Average Directional Index/ADX (14) | 16.88 | NEGATIVE | The low ADX value for EWBC 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)
94.31
-6.93 (-6.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-6.85%
1 Week-10.14%
2 Weeks-10.4%
1 Month-14.03%
3 Month-13.44%
6 Month21.8%
12 Month2.7%
2 Year75.89%
3 Year31.77%
5 Year158.53%
10 Year133.5%
15 Year434.94%
Volatility
ATR(14)3.23
ATR(20)%3.18%
ATR Inc113.27%
Range Today8.09
ADR(20)2.96
ADR(20)%3.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.87
Mansfield-1.18
10 Day High108.78
10 Day Low92.67
20 Day High109.61
20 Day Low92.67
52 Week High113.95
52 Week Low68.27
CS1 End73.89
CR1 Start107.45
Volume & EV
DER(3)1.86%
DER(5)1.23%
Volume1.54M
Volume Incr10.5%
Vol(5)1.04M
Vol(50)875.01K