BRAINSWAY LTD-ADR (BWAY)

US10501L1061 - ADR

9.35  +0.2 (+2.19%)

Technical Rating and Analysis

6

Overall BWAY gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month BWAY has a been trading in the 8.82 - 10.51 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, BWAY did better than 88% of all other stocks. We also observe that the gains produced by BWAY over the past year are nicely spread over this period.
BWAY is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. BWAY outperforms 83% of them.
BWAY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BWAY is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Weekly and Daily overview Charts
BWAY Weekly chart
BWAY Daily chart
Setup Rating and Analysis

6

BWAY has an average technical rating and the quality of the presented setup is also not ideal 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

7.00

10.53

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 8.95 to 9.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @7.07 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • Resistance @10.06 from a trend line in the daily time frame.
  • A resistance zone ranging from 10.30 to 10.43. 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
CRS88.93
Mansfield1.73
10 Day High9.98
10 Day Low8.82
20 Day High10.51
20 Day Low8.82
52 Week High10.98
52 Week Low4.61
Performance
1 Week0.11%
2 Weeks-6.87%
1 Month-4%
3 Month15.86%
6 Month54.04%
12 Month44.29%
2 Year278.54%
3 Year21.43%
5 Year-4.1%
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)-0.08
RSI(14)44.63
LBB8.74
UBB10.46
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
9.378.940.43 (4.60%)21.74%
An entry @9.37. This is a Buy Stop order right above the 10 day moving average.An exit @8.94. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.43 points, which is 4.60%.For a 1.00% total portfolio risk, you can invest 21.74% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of BWAY. Please evaluate whether better entry and exit points can be found.
  • 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.
BWAY Daily chart

BRAINSWAY LTD-ADR

NASDAQ:BWAY (12/24/2024, 7:59:32 PM)

9.35

+0.2 (+2.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2.19%
1 Week0.11%
2 Weeks-6.87%
1 Month-4%
3 Month15.86%
6 Month54.04%
12 Month44.29%
2 Year278.54%
3 Year21.43%
5 Year-4.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%3.95%
ATR Inc-22.03%
Range Today0.32
ADR(20)0.36
ADR(20)%3.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.93
Mansfield1.73
10 Day High9.98
10 Day Low8.82
20 Day High10.51
20 Day Low8.82
52 Week High10.98
52 Week Low4.61
CS1 End9.11
CR1 Start10.06
Volume & EV
DER(3)-0.72%
DER(5)-5.56%
Volume39.50K
Volume Incr-2.43%
Vol(5)63.94K
Vol(50)84.47K