Country Icon

East West Bancorp, Inc. (EWBC) - Buy, Sell or Hold?

Sector: Finance   Sub-Sector: Major Banks
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Tue, 28 Nov 2017NoneBullish EngulfingFri, 17 Nov 20172.28%
***Stock database and scans are updated around midnight (New York time) every trading day.
59.22 0.00 (0%) Nov 28 4:00pm EST
Open: 57.94 Range: 57.68 - 59.50 Vol: 1.25M Avg Vol: 789.05K
EPS: 3.50 P/E ratio: 17.09 EBITDA: 0.00 Mkt Cap: 8.65B
Analyze "EWBC" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 58.19
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 58.13
Last Trade is above the 50 day moving average at 58.76
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 56.16
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of EWBC

Stock Trend Analysis - Buy, Sell or Hold "East West Bancorp, Inc." (EWBC)?

EWBC is in a very strong uptrend. In the last 52 weeks, EWBC has been trading above the 200 day moving average for 99% of the time with an average daily volume of 789K shares being traded. The 50 day moving average, currently at 58.76, although still maintaining a bullish inclination, is however exhibiting characteristics of a medium term trading range. As the dominant long term trend is still up strongly, the high probability trade is still buying the dips. The 20 day moving average is in a trading range and is generally bucking the trend with a bearish bias. EWBC was only able to maintain above the 20 SMA for 47.5% of the time in the last month of trading. Objectively, in a strong uptrend, the high probability strategy is to buy dips. Traders who are thinking of going long EWBC shares should consider patiently waiting for price to be near the 50 or 200 SMAs, currently at 58.76 and 56.16 respectively. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "EWBC".

The analyst consensus estimates for the 1 year price target for this stock is $65.08* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Tue, 28 Nov 2017
Finance Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
NRIMNorthrim BanCorp IncBuy, Sell or HoldTrading Levels & Pivots
CFFIC&F Financial CorporationBuy, Sell or HoldTrading Levels & Pivots
CNAFCommercial National Financial CorporationBuy, Sell or HoldTrading Levels & Pivots
EBMTEagle Bancorp Montana, Inc.Buy, Sell or HoldTrading Levels & Pivots
FCCY1st Constitution Bancorp (NJ)Buy, Sell or HoldTrading Levels & Pivots
HWBKHawthorn Bancshares, Inc.Buy, Sell or HoldTrading Levels & Pivots
BMTCBryn Mawr Bank CorporationBuy, Sell or HoldTrading Levels & Pivots
CHCOCity Holding CompanyBuy, Sell or HoldTrading Levels & Pivots
SFSTSouthern First Bancshares, Inc.Buy, Sell or HoldTrading Levels & Pivots
GROWU.S. Global Investors, Inc.Buy, Sell or HoldTrading Levels & Pivots