The Greedy Trader Weekly Analysis
Sign In May 10, 2024
Skip Navigation Links
TA Search
Share
Daily Price vs. Fibonacci:Near 23.6% retracement level
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Stock Market Trend Analysis and Technical Indicators Scanner.
technical analysis,screen stochastic,moving average trading system, trading indicator,technical analysis stock screen, macd convergence divergence, technical indicator macd,technical investment analysis,trading indicator,stochastics, bulls, bears, bullish, bearish, market, stock market
Stock market trading indicator and technical analysis stock screen presents technical stock market timing signals for technical investment analysis like screen stochastic or moving average trading system.. Screen includes following popular indicators and trading systems: Relative Strength Index (RSI), Williams' Percentage Range (W%R) and Lane's Stochastic (%D–Slow), moving average, macd convergence divergence, bullish and bearish divergence. For the best result different technical indicators should be analyzed in different time frames together with trend analysis, sector/industry ranking and stock timing alerts.

Advanced TA Search

Archive
- 5/3/2024 -
Sign In to see current Signals.

Borgwarner Inc (BWA) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is strongly overbought
Daily :Williams' Percentage Range is overboughtDaily  MACD line has moved above its signal lineThe price is above the upper Bollinger Band
Move cursor over the icon to see details.

It was a second positive week after 3 consecutive negative weeks for the Borgwarner Inc (BWA). During the week, the BWA gained 3.25 points, or 9.79%, and closed at 36.44 on Friday, May 3, 2024. Weekly volume was 55% above average.

Long-term trend: [See BWA long-term trend chart]
A long-term downtrend had started on March 3, 2023 at 51.17 and reached 29.51 on February 20, 2024. BWA lost 21.66 points, or 42.33%, in 50 weeks. The price is now at the 31.99% retracement level.

Medium-term trend: [See BWA medium-term trend chart]
A medium-term uptrend had started on April 18, 2024 at 31.72 and reached 36.72 on May 3, 2024. BWA gained -5.00 points, or -15.76%, in 2 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend resistance line (32.92) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See BWA weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since March 8, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See BWA short-term trend chart]
A short-term uptrend had started on May 1, 2024 at 32.59 and reached 36.72 on May 3, 2024. BWA gained -4.13 points, or -12.67%, in 2 days. The price is now at the 6.78% retracement level.

Daily Technical Indicators: [See BWA daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.55
Williams' Percentage Range (W%R) 10.80
Overbought
Lane's Stochastic (%D-Slow) 74.31
Greed/Fear Indicator (GFI) 77.02
Moving Average Converg./Diverg. (MACD) 0.09
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.43
Williams' Percentage Range (W%R) 7.50
Strong Overbought
Lane's Stochastic (%D-Slow) 69.24
Greed/Fear Indicator (GFI) 72.09
Moving Average Converg./Diverg. (MACD) -1.64
Trading Signals
Description Value Chart
Price 36.44
Upper Bollinger Band 36.22
Daily Stochastic Crossing 35.47
Weekly Stochastic Crossing 34.92
Monthly Trendline Resistance 33.95
20 Day Moving Average 33.67
50 Day Moving Average 33.01
Monthly Trendline Support 32.92
Parabolic System 32.86
Lower Bollinger Band 31.27
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 3
Industry Auto Parts & Equipment 75
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 32.59
Low Date 05/01/2024
High 36.72
High Date 05/03/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 32.59
Low Date 05/01/2024
High 36.72
High Date 05/03/2024
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Broken Resistance
Resistance 33.95
Support 32.92
Low 31.72
Low Date 04/18/2024
High 36.72
High Date 05/03/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 29.51
Low Date 02/20/2024
High 36.72
High Date 05/03/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 51.17
High Date 03/03/2023
Low 29.51
Low Date 02/20/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.