BRIDGEWATER BANCSHARES INC (BWB) Stock Technical Analysis
NASDAQ:BWB - Nasdaq - US1086211034 - Common Stock - Currency: USD
Taking everything into account, BWB scores 3 out of 10 in our technical rating. Although BWB is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month BWB has a been trading in the 11.93 - 14.14 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that BWB is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
BWB is an average performer in the Banks industry, it outperforms 69% of 398 stocks in the same industry.
BWB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, BWB does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.42, a Stop Loss order could be placed below this zone.
More info and screens
12.16
15.79
We found 1 important support area.
- A support zone ranging from 12.28 to 12.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.50 to 14.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 15.26 to 15.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.2
Mansfield0.61
10 Day High13.91
10 Day Low12.3
20 Day High14.14
20 Day Low11.93
52 Week High16
52 Week Low10.52
Performance
1 Week5.98%
2 Weeks5.26%
1 Month-1.07%
3 Month2.07%
6 Month-6.05%
12 Month17.62%
2 Year38.89%
3 Year-13.73%
5 Year36.43%
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)0.11
RSI(14)56.62
LBB12.07
UBB13.71
13.82
+0.31 (+2.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.29%
1 Week5.98%
2 Weeks5.26%
1 Month-1.07%
3 Month2.07%
6 Month-6.05%
12 Month17.62%
2 Year38.89%
3 Year-13.73%
5 Year36.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%5.07%
ATR Inc-1.4%
Range Today0.82
ADR(20)0.64
ADR(20)%4.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.2
Mansfield0.61
10 Day High13.91
10 Day Low12.3
20 Day High14.14
20 Day Low11.93
52 Week High16
52 Week Low10.52
CS1 End12.42
CR1 Start14.5
Volume & EV
DER(3)2.6%
DER(5)-0.38%
Volume157.10K
Volume Incr323.07%
Vol(5)280.94K
Vol(50)76.43K