BorgWarner Technical Analysis (NYSE:BWA)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The BWA stock chart pattern can give those who understand technical analysis an indication of which way BWA stock is headed, but cannot predict with 100% certainty as to what can happen to the BorgWarner stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for BorgWarner. The technical analysis form of BorgWarner stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
BorgWarner Moving Average
Moving averages show the average price of BWA stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $54.66 is above the last closing price of $52.22 and the 50 day moving average of $54.06 is above the last closing price of $52.22. The 10 and 20 day periods can predict short term moving average trends.
BorgWarner Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the BWA stock. The stock price is trading between the average and the lower band in the context of BorgWarner bollinger bands.
BorgWarner Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The BorgWarner MACD line is below the signal line.
BorgWarner Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 34.22 is the RSI value of BWA stock.