EAST WEST BANCORP INC (EWBC)

US27579R1041 - Common Stock

95.91  +1.04 (+1.1%)

After market: 95.91 0 (0%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to EWBC. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month EWBC has a been trading in the 94.01 - 113.95 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, EWBC did better than 87% of all other stocks. On top of that, EWBC also shows a nice and consistent pattern of rising prices.
EWBC is part of the Banks industry. There are 406 other stocks in this industry. EWBC outperforms 90% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
EWBC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EWBC is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
EWBC Weekly chart
EWBC Daily chart
Setup Rating and Analysis

3

Although EWBC 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

68.72

96.87

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 94.87 to 95.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @89.27 from a trend line in the daily time frame.
  • Support @83.98 from a trend line in the weekly time frame.
  • Support @74.59 from a horizontal line in the daily time frame.
  • Support @69.41 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
CRS87.22
Mansfield0.83
10 Day High105.97
10 Day Low94.01
20 Day High113.95
20 Day Low94.01
52 Week High113.95
52 Week Low67.27
Performance
1 Week-5.58%
2 Weeks-8.94%
1 Month-10.22%
3 Month16.16%
6 Month33.86%
12 Month34.12%
2 Year45.54%
3 Year21.9%
5 Year96.94%
10 Year147.76%
15 Year507.03%
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)-1.64
RSI(14)35.09
LBB94.05
UBB110.1
EWBC Daily chart

EAST WEST BANCORP INC

NASDAQ:EWBC (12/20/2024, 8:07:52 PM)

After market: 95.91 0 (0%)

95.91

+1.04 (+1.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.1%
1 Week-5.58%
2 Weeks-8.94%
1 Month-10.22%
3 Month16.16%
6 Month33.86%
12 Month34.12%
2 Year45.54%
3 Year21.9%
5 Year96.94%
10 Year147.76%
15 Year507.03%
Volatility
ATR(14)2.66
ATR(20)%2.82%
ATR Inc9.11%
Range Today2.91
ADR(20)2.6
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.22
Mansfield0.83
10 Day High105.97
10 Day Low94.01
20 Day High113.95
20 Day Low94.01
52 Week High113.95
52 Week Low67.27
CS1 End95.9
CR1 StartN/A
Volume & EV
DER(3)0.45%
DER(5)1.76%
Volume3.73M
Volume Incr134.55%
Vol(5)1.74M
Vol(50)958.17K