BANKWELL FINANCIAL GROUP INC (BWFG) Stock Technical Analysis
NASDAQ:BWFG - Nasdaq - US06654A1034 - Common Stock
Taking everything into account, BWFG scores 3 out of 10 in our technical rating. BWFG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
BWFG is one of the lesser performing stocks in the Banks industry. 65% of 405 stocks in the same industry do better.
Warning: BWFG has an average volume of 16790 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, BWFG outperforms 52% of them, which is more or less in line with the market.
BWFG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BWFG is lagging the market.
In the last month BWFG has a been trading in the 27.44 - 32.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BWFG has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
23.46
30.78
When analyzing the support we can see 3 important areas.
- A support zone ranging from 27.92 to 28.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.80 from a trend line in the weekly time frame.
- Support @23.70 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 30.02 to 30.48. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS52.5
Mansfield-0.07
10 Day High30.89
10 Day Low27.44
20 Day High32.45
20 Day Low27.44
52 Week High35.25
52 Week Low22.47
Performance
1 Week6.04%
2 Weeks-1.16%
1 Month-2.29%
3 Month6.35%
6 Month9.83%
12 Month0.37%
2 Year0.88%
3 Year-11.82%
5 Year10.36%
10 Year52.9%
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)0.06
RSI(14)46.11
LBB27.68
UBB31.6
BANKWELL FINANCIAL GROUP INC
NASDAQ:BWFG (1/22/2025, 11:42:43 AM)
29.36
-0.47 (-1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.58%
1 Week6.04%
2 Weeks-1.16%
1 Month-2.29%
3 Month6.35%
6 Month9.83%
12 Month0.37%
2 Year0.88%
3 Year-11.82%
5 Year10.36%
10 Year52.9%
15 YearN/A
Volatility
ATR(14)0.98
ATR(20)%3.49%
ATR Inc44.07%
Range Today0.69
ADR(20)0.97
ADR(20)%3.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.5
Mansfield-0.07
10 Day High30.89
10 Day Low27.44
20 Day High32.45
20 Day Low27.44
52 Week High35.25
52 Week Low22.47
CS1 End28.21
CR1 Start30.02
Volume & EV
DER(3)-3.27%
DER(5)2.05%
Volume2.94K
Volume Incr-8.47%
Vol(5)13.62K
Vol(50)16.79K