We assign a technical rating of 10 out of 10 to MYFW. Both in the recent history as in the last year, MYFW has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although MYFW 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.
More info and screens
20.60
4 important support areas can be observed.
- A support zone ranging from 23.23 to 23.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.44 from a horizontal line in the daily time frame.
- A support zone ranging from 22.06 to 22.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.81 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MYFW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MYFW is up. |
| ChartMill Relative Strength | 81.12 | POSITIVE | MYFW has a high relative strength, it outperformed 81.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MYFW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MYFW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MYFW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.58 | NEUTRAL | The RSI value for MYFW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests MYFW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.16 | OVERBOUGHT | The high Stochastics value suggests MYFW may be overbought. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for MYFW suggests some volalility. |
| Average Directional Index/ADX (14) | 29.29 | POSITIVE | The high ADX value value for MYFW suggests a strong trend. |
25.68
-0.04 (-0.16%)
FIRST WESTERN FINANCIAL INC / MYFW FAQ
What is the ChartMill technical rating of FIRST WESTERN FINANCIAL INC (MYFW) stock?
ChartMill assigns a technical rating of 10 / 10 to MYFW.
What is the current trend direction of FIRST WESTERN FINANCIAL INC (MYFW) stock?
The current trend direction for FIRST WESTERN FINANCIAL INC (MYFW) is Bullish.
What is the RSI signal for FIRST WESTERN FINANCIAL INC (MYFW) stock?
FIRST WESTERN FINANCIAL INC (MYFW) has an RSI value of 69.582. This indicates that the stock is currently neutral.
What is the buy/sell signal for FIRST WESTERN FINANCIAL INC (MYFW) stock?
The buy/sell signal for FIRST WESTERN FINANCIAL INC (MYFW) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for FIRST WESTERN FINANCIAL INC (MYFW) stock?
FIRST WESTERN FINANCIAL INC (MYFW) has a support level at 23.64. Check the full technical report for our detailed analysis of MYFW support and resistance levels.