FIRST WESTERN FINANCIAL INC (MYFW)

US33751L1052 - Common Stock

17.45  +0.06 (+0.35%)

After market: 17.45 0 (0%)

Technical Rating and Analysis

7

Overall MYFW gets a technical rating of 7 out of 10. In the last year, MYFW was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

Warning: MYFW has an average volume of 27400 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month MYFW has a been trading in the 13.46 - 17.65 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, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, MYFW outperforms 54% of them, which is more or less in line with the market.
MYFW is part of the Banks industry. There are 412 other stocks in this industry, MYFW did better than 43% of them.
MYFW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MYFW is lagging the market slightly.
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
MYFW Weekly chart
MYFW Daily chart
Setup Rating and Analysis

3

Although MYFW 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

13.05

21.51

When analyzing the support we notice one important area.

  • A support zone ranging from 13.18 to 13.31. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 17.46 to 17.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @19.44 from a trend line in the weekly time frame.
  • Resistance @20.09 from a trend line in the daily time frame.
  • Resistance @21.30 from a horizontal line in the daily time frame.
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
CRS54.32
Mansfield-0.97
10 Day High17.65
10 Day Low14.33
20 Day High17.65
20 Day Low13.46
52 Week High22
52 Week Low12.84
Performance
1 Week6.73%
2 Weeks17.95%
1 Month25.9%
3 Month2.65%
6 Month17.27%
12 Month8.45%
2 Year-45.72%
3 Year-37.12%
5 Year32.7%
10 YearN/A
15 YearN/A
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)0.28
RSI(14)76.44
LBB13.21
UBB18.49
MYFW Daily chart

FIRST WESTERN FINANCIAL INC

NASDAQ:MYFW (5/3/2024, 7:08:01 PM)

After market: 17.45 0 (0%)

17.45

+0.06 (+0.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.35%
1 Week6.73%
2 Weeks17.95%
1 Month25.9%
3 Month2.65%
6 Month17.27%
12 Month8.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.63
ATR(20)%2.92%
ATR Inc
Range Today0.39
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 High17.65
10 Day Low14.33
20 Day High17.65
20 Day Low13.46
52 Week High22
52 Week Low12.84
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume13.30K
Volume Incr84.19%
Vol(5)51.38K
Vol(50)27.40K