BLUE WORLD ACQUISITION CORP (BWAQ) Stock Technical Analysis
NASDAQ:BWAQ - Nasdaq - KYG1263E1026 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BWAQ. BWAQ'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
98% of all other stocks performed better in the past year than BWAQ.
BWAQ is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month BWAQ has a been trading in the 4.00 - 11.90 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of BWAQ is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.20
10.40
When analyzing the resistance we notice one important area.
- Resistance @10.30 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.67
Mansfield-6.56
10 Day High10.09
10 Day Low4
20 Day High11.9
20 Day Low4
52 Week High15.61
52 Week Low4
Performance
1 Week-44.79%
2 Weeks-47.98%
1 Month-62.06%
3 Month-62.08%
6 Month-61.38%
12 Month-59.27%
2 Year-57.34%
3 YearN/A
5 YearN/A
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)-0.21
RSI(14)31.35
LBB5.64
UBB10.76
4.24
-4.46 (-51.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-51.26%
1 Week-44.79%
2 Weeks-47.98%
1 Month-62.06%
3 Month-62.08%
6 Month-61.38%
12 Month-59.27%
2 Year-57.34%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.87
ATR(20)%41.87%
ATR Inc59.39%
Range Today4.34
ADR(20)1.64
ADR(20)%38.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.67
Mansfield-6.56
10 Day High10.09
10 Day Low4
20 Day High11.9
20 Day Low4
52 Week High15.61
52 Week Low4
CS1 EndN/A
CR1 Start10.3
Volume & EV
DER(3)-6.79%
DER(5)3.93%
Volume285.60K
Volume Incr-50.21%
Vol(5)71.42K
Vol(50)79.54K