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Advanced TA SearchArchive - 4/26/2024 - Sign In to see current Signals. |
Borgwarner Inc (BWA) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week after 3 consecutive negative weeks for the Borgwarner Inc (BWA). During the week, the BWA gained 0.39 points, or 1.19%, and closed at 33.19 on Friday, April 26, 2024. Weekly volume was -26% below 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 16.99% retracement level. Medium-term trend: [See BWA medium-term trend chart] A medium-term uptrend had started on February 20, 2024 at 29.51 and reached 35.74 on April 4, 2024. BWA gained -6.23 points, or -21.11%, in 6 weeks. The price is now at the 40.93% retracement level. Weekly Technical Indicators: [See BWA weekly technical indicators chart] Weekly technical indicators are neutral. 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 downtrend had started on April 4, 2024 at 35.74 and reached 31.72 on April 18, 2024. BWA lost 4.02 points, or 11.25%, in 14 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level. Daily Technical Indicators: [See BWA daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 Lane's Stochastic help. The daily MACD line is below its signal line since April 11, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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