NYSEARCA:BWX - NYSE Arca - US78464A5166 - ETF - Currency: USD
Taking everything into account, BWX scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BWX is showing a nice and steady performance.
BWX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 23.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.09, a Stop Loss order could be placed below this zone.
20.72
We found 4 important support areas.
We found 1 important resistance area.
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.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
23.48 | 22.97 | 0.51 (2.17%) | 25.00% |
An entry @23.48. This is a Buy Stop order right above the resistance zone. | An exit @22.97. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.51 points, which is 2.17%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.54%. |
23.1
+0.13 (+0.57%)