EAST WEST BANCORP INC (EWBC) Stock Technical Analysis
USA - NASDAQ:EWBC - US27579R1041 - Common Stock
Overall EWBC gets a technical rating of 1 out of 10. EWBC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
EWBC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 100.39, a Stop Loss order could be placed below this zone.
More info and screens
73.47
When analyzing the support we can see 3 important areas.
- A support zone ranging from 98.72 to 100.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 94.31 to 95.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @74.21 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 102.06 to 103.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 108.87 to 111.23. 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 | NEUTRAL | NEUTRAL | The short term trend for EWBC is neutral. |
| ChartMill Relative Strength | 35.86 | NEUTRAL | EWBC is not amongst the best or worst performers 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 | MIXED | The current price of EWBC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.26 | NEUTRAL | The RSI value for EWBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests EWBC has a negative trend. |
| Stochastics (14,3) | 35.94 | NEUTRAL | The Stochastics value for EWBC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for EWBC suggests some volalility. |
| Average Directional Index/ADX (14) | 12.09 | NEGATIVE | The low ADX value for EWBC suggests a weak or negative trend. |
100.97
-1.36 (-1.33%)
EAST WEST BANCORP INC / EWBC FAQ
What is the ChartMill technical rating of EAST WEST BANCORP INC (EWBC) stock?
ChartMill assigns a technical rating of 1 / 10 to EWBC.
Can you provide the trend direction for EAST WEST BANCORP INC?
The current trend direction for EAST WEST BANCORP INC (EWBC) is Bearish.
Can you provide the RSI signal for EAST WEST BANCORP INC?
EAST WEST BANCORP INC (EWBC) has an RSI value of 46.2612. This indicates that the stock is currently neutral.
What is the support and resistance level for EWBC stock?
EAST WEST BANCORP INC (EWBC) has a support level at 100.39 and a resistance level at 102.06. Check the full technical report for our detailed analysis of EWBC support and resistance levels.