CANADIAN WESTERN BANK (CWB.CA)

CA13677F1018 - Common Stock

56.85  -0.02 (-0.04%)

Technical Rating and Analysis

10

Taking everything into account, CWB scores 10 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, CWB is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CWB did better than 94% of all other stocks.
CWB is one of the better performing stocks in the Banks industry, it outperforms 97% of 37 stocks in the same industry.
A new 52 week high is currently being made by CWB, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month CWB has a been trading in the 52.73 - 57.43 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
CWB Weekly chart
CWB Daily chart
Setup Rating and Analysis

3

Although CWB has an excellent technical rating, it does not offer a high quality setup 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

24.81

57.42

We found 2 important support areas.

  • A support zone ranging from 52.94 to 53.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @25.06 from a horizontal line in the weekly time frame.

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
CRS94.13
Mansfield4.1
10 Day High57.43
10 Day Low53.94
20 Day High57.43
20 Day Low52.73
52 Week High57.43
52 Week Low24.66
Performance
1 Week3.85%
2 Weeks4.52%
1 Month7.37%
3 Month23.64%
6 Month113.88%
12 Month111.57%
2 Year139.87%
3 Year43.6%
5 Year70.46%
10 Year50.6%
15 Year165.9%
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)0.13
RSI(14)77.83
LBB52.71
UBB57.08
CWB Daily chart

CANADIAN WESTERN BANK

TSX:CWB (10/17/2024, 7:00:00 PM)

56.85

-0.02 (-0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.04%
1 Week3.85%
2 Weeks4.52%
1 Month7.37%
3 Month23.64%
6 Month113.88%
12 Month111.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.75
ATR(20)%1.36%
ATR Inc
Range Today0.65
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High57.43
10 Day Low53.94
20 Day High57.43
20 Day Low52.73
52 Week High57.43
52 Week Low24.66
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume365.35K
Volume Incr4.91%
Vol(5)395.20K
Vol(50)358.17K