FIRST WESTERN FINANCIAL INC (MYFW) Stock Technical Analysis
NASDAQ:MYFW - Nasdaq - US33751L1052 - Common Stock - Currency: USD
Overall MYFW gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MYFW 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, MYFW did better than 83% of all other stocks.
MYFW is one of the better performing stocks in the Banks industry, it outperforms 75% of 395 stocks in the same industry.
MYFW 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 MYFW has a been trading in the 20.29 - 23.85 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although MYFW has an excellent technical rating, it does not offer a high quality setup 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
17.36
23.63
6 important support areas can be observed.
- A support zone ranging from 21.13 to 21.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.70 from a horizontal line in the daily time frame.
- A support zone ranging from 20.33 to 20.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.00 from a horizontal line in the daily time frame.
- Support @18.92 from a trend line in the weekly time frame.
- Support @17.54 from a horizontal line in the daily 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 MYFW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MYFW is up. |
| ChartMill Relative Strength | 83.97 | POSITIVE | MYFW has a high relative strength, it outperformed 83.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MYFW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MYFW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MYFW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.57 | OVERBOUGHT | The high RSI value suggests MYFW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests MYFW has a positive trend. |
| Stochastics (14,3) | 86.21 | OVERBOUGHT | The high Stochastics value suggests MYFW may be overbought. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for MYFW suggests some volalility. |
| Average Directional Index/ADX (14) | 35.1 | POSITIVE | The high ADX value value for MYFW suggests a strong 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)
NASDAQ:MYFW (7/3/2025, 7:52:02 PM)
23.4
+0.27 (+1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.17%
1 Week3.49%
2 Weeks11.06%
1 Month12.34%
3 Month27.66%
6 Month21.94%
12 Month37.81%
2 Year12.83%
3 Year-16.4%
5 Year65.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.7
ATR(20)%2.86%
ATR Inc18.1%
Range Today0.33
ADR(20)0.64
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.97
Mansfield0.86
10 Day High23.85
10 Day Low20.8
20 Day High23.85
20 Day Low20.29
52 Week High23.85
52 Week Low15.54
CS1 End21.71
CR1 StartN/A
Volume & EV
DER(3)7.56%
DER(5)23.36%
Volume50.40K
Volume Incr62.34%
Vol(5)76.18K
Vol(50)52.99K