BWX TECHNOLOGIES INC. - Daily - Technical analysis published on 12/27/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
11%
44%
44%
My opinion
Bearish under 81.45 USD
My targets
75.26 USD (-2.27%)
72.79 USD (-5.48%)
My analysis
The strong short-term decrease of BWX TECHNOLOGIES INC. should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 81.45 USD, a sale could be considered. The first bearish objective is located at 75.26 USD. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 72.79 USD. If there is any crossing, the next objective would be support 67.95 USD. Caution, if there is a return to above 81.45 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
2.1
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This analysis was given by ppires. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BWX TECHNOLOGIES INC. rating is 77.01 USD. The price registered a decrease of -0.05% on the session with the lowest point at 76.85 USD and the highest point at 77.47 USD. The deviation from the price is +0.21% for the low point and -0.59% for the high point.76.85
77.47
77.01
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of BWX TECHNOLOGIES INC. indicates that the overall trend is not clearly defined. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 67.95 | 72.79 | 75.26 | 77.01 | 78.06 | 81.45 |
| Change (%) | -11.76% | -5.48% | -2.27% | - | +1.36% | +5.77% |
| Change | -9.06 | -4.22 | -1.75 | - | +1.05 | +4.44 |
| Level | Minor | Minor | Major | - | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 76.13 | 76.49 | 76.75 | 77.11 | 77.37 | 77.73 | 77.99 |
| Camarilla | 76.84 | 76.90 | 76.95 | 77.01 | 77.07 | 77.12 | 77.18 |
| Woodie | 76.08 | 76.47 | 76.70 | 77.09 | 77.32 | 77.71 | 77.94 |
| Fibonacci | 76.49 | 76.73 | 76.87 | 77.11 | 77.35 | 77.49 | 77.73 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 74.45 | 75.30 | 76.17 | 77.02 | 77.89 | 78.74 | 79.61 |
| Camarilla | 76.58 | 76.74 | 76.89 | 77.05 | 77.21 | 77.37 | 77.52 |
| Woodie | 74.47 | 75.31 | 76.19 | 77.03 | 77.91 | 78.75 | 79.63 |
| Fibonacci | 75.30 | 75.95 | 76.36 | 77.02 | 77.67 | 78.08 | 78.74 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 68.86 | 71.18 | 74.60 | 76.92 | 80.34 | 82.66 | 86.08 |
| Camarilla | 76.45 | 76.98 | 77.50 | 78.03 | 78.56 | 79.08 | 79.61 |
| Woodie | 69.42 | 71.46 | 75.16 | 77.20 | 80.90 | 82.94 | 86.64 |
| Fibonacci | 71.18 | 73.37 | 74.72 | 76.92 | 79.11 | 80.46 | 82.66 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 46.60 | |
| MACD (12,26,9): | -0.1400 | |
| Directional Movement: | -1.87 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 77.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 80.15 | |
| Elder Ray (13): | -0.45 | |
| Super Trend (3,10): | 80.69 | |
| Zig ZAG (10): | 77.01 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 14.80 | |
| TEMA (21): | 77.10 | |
| Williams %R (14): | -82.24 | |
| Chande Momentum Oscillator (20): | -2.68 | |
| Repulse (5,40,3): | -0.8800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 5.23 |
| MA7: | 76.91 | |
| MA20: | 78.34 | |
| MA50: | 77.13 | |
| MA100: | 75.38 | |
| MAexp7: | 77.20 | |
| MAexp20: | 77.75 | |
| MAexp50: | 77.02 | |
| MAexp100: | 74.99 | |
| Price / MA7: | +0.13% | |
| Price / MA20: | -1.70% | |
| Price / MA50: | -0.16% | |
| Price / MA100: | +2.16% | |
| Price / MAexp7: | -0.25% | |
| Price / MAexp20: | -0.95% | |
| Price / MAexp50: | -0.01% | |
| Price / MAexp100: | +2.69% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
News
The last news published on BWX TECHNOLOGIES INC. at the time of the generation of this analysis was as follows:
- BWX Technologies Reports Second Quarter 2023 Results
- BWXT Awarded an Engineering Contract from TerraPower for the Natrium™ Demonstration Project
- BWXT to Provide Nuclear Reactor Engine and Fuel for DARPA Space Project
- BWX Technologies to Announce Second Quarter 2023 Results on Thursday, August 3
- BWX Technologies Reports First Quarter 2023 Results
This member declared not having a position on this financial instrument or a related financial instrument.
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