FIRST WESTERN FINANCIAL INC (MYFW) Stock Technical Analysis
USA - NASDAQ:MYFW - US33751L1052 - Common Stock
Taking everything into account, MYFW scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MYFW is showing a nice and steady performance.
Besides having an excellent technical rating, MYFW also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 23.36, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MYFW in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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20.13
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.75 to 23.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.06 from a horizontal line in the weekly time frame.
- A support zone ranging from 20.33 to 20.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 24.55 to 24.77. 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 | UP | POSITIVE | The long term trend for MYFW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MYFW is neutral. |
| ChartMill Relative Strength | 73.6 | POSITIVE | MYFW has a high relative strength, it outperformed 73.6% 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) | 57.74 | NEUTRAL | The RSI value for MYFW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests MYFW has a positive trend. |
| Stochastics (14,3) | 64.74 | NEUTRAL | The Stochastics value for MYFW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for MYFW suggests some volalility. |
| Average Directional Index/ADX (14) | 10.53 | NEGATIVE | The low ADX value for MYFW suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.78 | 22.74 | 2.04 (8.23%) | 12.15% |
| An entry @24.78. This is a Buy Stop order right above the resistance zone. | An exit @22.74. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.04 points, which is 8.23%. | When investing 12.15% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:MYFW (11/10/2025, 8:13:21 PM)
23.54
+0.54 (+2.35%)
FIRST WESTERN FINANCIAL INC / MYFW FAQ
What is the ChartMill technical rating of FIRST WESTERN FINANCIAL INC (MYFW) stock?
ChartMill assigns a technical rating of 8 / 10 to MYFW.
What is the current trend direction of FIRST WESTERN FINANCIAL INC (MYFW) stock?
The current trend direction for FIRST WESTERN FINANCIAL INC (MYFW) is Bullish.
What is the RSI signal for FIRST WESTERN FINANCIAL INC (MYFW) stock?
FIRST WESTERN FINANCIAL INC (MYFW) has an RSI value of 57.7386. This indicates that the stock is currently neutral.
What are the support and resistance levels for FIRST WESTERN FINANCIAL INC (MYFW) stock?
FIRST WESTERN FINANCIAL INC (MYFW) has a support level at 23.36 and a resistance level at 24.55. Check the full technical report for our detailed analysis of MYFW support and resistance levels.