BANKWELL FINANCIAL GROUP INC (BWFG) Stock Technical Analysis
NASDAQ:BWFG - Nasdaq - US06654A1034 - Common Stock - Currency: USD
Taking everything into account, BWFG scores 4 out of 10 in our technical rating. BWFG was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Warning: BWFG has an average volume of 14390 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, BWFG did better than 70% of all other stocks. However, we also see that BWFG couldn't keep up this performance in the last couple of months.
BWFG is part of the Banks industry. There are 405 other stocks in this industry, BWFG did better than 52% of them.
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 29.75 - 33.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
BWFG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 29.08, a Stop Loss order could be placed below this zone.
More info and screens
23.46
33.60
4 important support areas can be observed.
- A support zone ranging from 28.69 to 29.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 27.92 to 28.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.91 from a trend line in the weekly time frame.
- Support @23.70 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 30.77 to 31.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.27 from a trend line in the daily time frame.
- A resistance zone ranging from 33.21 to 33.27. 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
CRS70.74
Mansfield0.25
10 Day High33.12
10 Day Low30.61
20 Day High33.12
20 Day Low29.75
52 Week High35.25
52 Week Low22.47
Performance
1 Week-1.83%
2 Weeks-6.28%
1 Month-0.46%
3 Month-7.8%
6 Month5.73%
12 Month22.73%
2 Year1.42%
3 Year-12.17%
5 Year7.52%
10 Year57.78%
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)45.46
LBB30.56
UBB32.31
30.61
-0.63 (-2.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.02%
1 Week-1.83%
2 Weeks-6.28%
1 Month-0.46%
3 Month-7.8%
6 Month5.73%
12 Month22.73%
2 Year1.42%
3 Year-12.17%
5 Year7.52%
10 Year57.78%
15 YearN/A
Volatility
ATR(14)0.85
ATR(20)%2.69%
ATR Inc-9.68%
Range Today1.04
ADR(20)0.8
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.74
Mansfield0.25
10 Day High33.12
10 Day Low30.61
20 Day High33.12
20 Day Low29.75
52 Week High35.25
52 Week Low22.47
CS1 End29.08
CR1 Start30.77
Volume & EV
DER(3)-2.23%
DER(5)-1.48%
Volume11.30K
Volume Incr-40.5%
Vol(5)9.00K
Vol(50)14.39K