EAST WEST BANCORP INC (EWBC)

US27579R1041 - Common Stock

89.3  +0.97 (+1.1%)

After market: 89.3 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, EWBC scores 10 out of 10 in our technical rating. 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.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, EWBC did better than 90% of all other stocks. We also observe that the gains produced by EWBC over the past year are nicely spread over this period.
EWBC is one of the better performing stocks in the Banks industry, it outperforms 89% of 405 stocks in the same industry.
EWBC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month EWBC has a been trading in the 79.32 - 89.49 range, which is quite wide. It is currently trading near the high of this range.
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

2

Although EWBC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

68.72

90.20

We found 5 important support areas.

  • A support zone ranging from 81.23 to 83.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 76.83 to 79.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @74.59 from a horizontal line in the daily time frame.
  • Support @71.35 from a horizontal line in the daily time frame.
  • Support @69.41 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 89.31 to 89.31. 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
CRS90.15
Mansfield0.61
10 Day High89.49
10 Day Low79.32
20 Day High89.49
20 Day Low79.32
52 Week High89.75
52 Week Low51.33
Performance
1 Week7.29%
2 Weeks7.93%
1 Month11.64%
3 Month11.74%
6 Month22.53%
12 Month73.47%
2 Year24.77%
3 Year12.36%
5 Year108.06%
10 Year142.93%
15 Year888.93%
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)0.79
RSI(14)71.56
LBB77.53
UBB88.79
EWBC Daily chart

EAST WEST BANCORP INC

NASDAQ:EWBC (10/14/2024, 8:25:24 PM)

After market: 89.3 0 (0%)

89.3

+0.97 (+1.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.1%
1 Week7.29%
2 Weeks7.93%
1 Month11.64%
3 Month11.74%
6 Month22.53%
12 Month73.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.98
ATR(20)%2.27%
ATR Inc
Range Today1.99
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 High89.49
10 Day Low79.32
20 Day High89.49
20 Day Low79.32
52 Week High89.75
52 Week Low51.33
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume663.80K
Volume Incr-0.51%
Vol(5)687.02K
Vol(50)607.89K