Technical Analysis for BWAY - Brainsway Ltd.

Grade Last Price % Change Price Change
C 9.12 -4.30% -0.41
BWAY closed down 4.3 percent on Friday, November 15, 2024, on 42 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Inside Day Range Contraction 0.00%
Crossed Above 50 DMA Bullish -4.30%
Lower Bollinger Band Touch Weakness -4.30%
Fell Below 50 DMA Bearish 0.88%
Earnings Movers Other 0.88%
Inside Day Range Contraction 0.88%
Below Lower BB Weakness 0.88%
Down 3 Days in a Row Weakness 0.88%

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Profile

Brainsway is a commercial stage medical device company focused on the development and sale of non-invasive neuromodulation products using the Company’s proprietary Deep Transcranial Magnetic Stimulation (Deep TMS) technology for the treatment of major depressive disorder (MDD) and obsessive-compulsive disorder (OCD), for which Brainsway received marketing authorization from the U.S. Food and Drug Administration (FDA) in 2013 (for MDD) and in August 2018 (for OCD). Brainsway is currently conducting clinical trials of Deep TMS in other psychiatric, neurological and addiction disorders, including smoking cessation and post-traumatic stress disorder, and is planning trials for opioid addiction, fatigue in multiple sclerosis (MS) and post-stroke rehabilitation.
Classification

Sector: Healthcare
Industry: Diagnostics & Research
Keywords: Neuroscience FDA Mental Health Opioids Multiple Sclerosis Psychiatry Stroke Major Depressive Disorder Neuromodulation Neurophysiology Depressive Disorder Neurotechnology Smoking Post Traumatic Stress Disorder Neuropsychology Smoking Cessation Treatment Of Major Depressive Disorder Obsessive Compulsive Disorder Addiction Neuromodulation Products Treatment Of Depression Non Invasive Neuromodulation Products

Is BWAY a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 10.98
52 Week Low 4.61
Average Volume 97,486
200-Day Moving Average 7.00
50-Day Moving Average 9.27
20-Day Moving Average 9.98
10-Day Moving Average 10.07
Average True Range 0.59
RSI (14) 41.52
ADX 39.42
+DI 15.50
-DI 23.35
Chandelier Exit (Long, 3 ATRs) 9.22
Chandelier Exit (Short, 3 ATRs) 10.42
Upper Bollinger Bands 10.95
Lower Bollinger Band 9.02
Percent B (%b) 0.05
BandWidth 19.27
MACD Line 0.08
MACD Signal Line 0.27
MACD Histogram -0.1843
Fundamentals Value
Market Cap 151.58 Million
Num Shares 16.6 Million
EPS -0.48
Price-to-Earnings (P/E) Ratio -19.00
Price-to-Sales 3.45
Price-to-Book 2.44
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.81
Resistance 3 (R3) 9.87 9.69 9.70
Resistance 2 (R2) 9.69 9.52 9.67 9.66
Resistance 1 (R1) 9.41 9.41 9.32 9.35 9.62
Pivot Point 9.23 9.23 9.19 9.21 9.23
Support 1 (S1) 8.95 9.06 8.86 8.89 8.62
Support 2 (S2) 8.77 8.95 8.75 8.58
Support 3 (S3) 8.49 8.77 8.55
Support 4 (S4) 8.43