Technical Analysis for EWBC - East West Bancorp, Inc.

Grade Last Price % Change Price Change
B 74.62 8.30% 5.72
EWBC closed up 8.3 percent on Thursday, January 26, 2023, on 2.55 times normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Wide Range Bar Range Expansion 0.00%
Stochastic Reached Overbought Strength 0.00%
Earnings Movers Other 0.00%
BB Squeeze Ended Range Expansion 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
60 Minute Opening Range Breakout about 8 hours ago
Possible Pocket Pivot about 9 hours ago
2x Volume Pace about 13 hours ago
1.5x Volume Pace about 13 hours ago
Gapped Up (Full) about 13 hours ago

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

East West Bancorp, Inc. Description

East West Bancorp, Inc. operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to small and medium-sized businesses, business executives, professionals, and other individuals. The company operates in three segments: Retail Banking, Commercial Banking, and Other. It offers various deposit products comprising personal and business checking and savings accounts, time deposits and individual retirement accounts, travelers' checks, safe deposit boxes, and MasterCard and Visa merchant deposit services. The company's lending portfolio consists of residential single-family and multifamily loans; commercial real estate loans, such as construction and land loans; trade finance loans; commercial business loans, including accounts receivable, small business administration, inventory, and working capital loans; and student and other consumer loans. In addition, it provides financing to facilitate its clients business transactions between Asia and the United States. As of January 23, 2013, it operated through a network of 120 locations worldwide, including in the United States markets of California, New York, Georgia, Massachusetts, Texas and Washington; a full service branch in Hong Kong; and representative offices in Beijing, Shenzhen, and Taipei. The company also operated full service branches in Shanghai and Shantou; and a representative office in Guangzhou. East West Bancorp, Inc. was founded in 1998 and is based in Pasadena, California.


Classification

Sector: Financial Services
Industry: Banks - Global
Keywords: Banking Bank Deposit Products Commercial Banking Real Estate Loans Individual Retirement Account Business Loans Deposit Services Trade Finance Personal And Commercial Banking Personal And Commercial Banking Services

Is EWBC 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 93.5
52 Week Low 61.65
Average Volume 857,972
200-Day Moving Average 70.06
50-Day Moving Average 67.19
20-Day Moving Average 67.75
10-Day Moving Average 68.84
Average True Range 2.07
RSI 69.70
ADX 14.13
+DI 44.16
-DI 19.86
Chandelier Exit (Long, 3 ATRs) 68.75
Chandelier Exit (Short, 3 ATRs) 70.21
Upper Bollinger Bands 71.92
Lower Bollinger Band 63.58
Percent B (%b) 1.32
BandWidth 12.30
MACD Line 1.04
MACD Signal Line 0.48
MACD Histogram 0.5631
Fundamentals Value
Market Cap 10.56 Billion
Num Shares 142 Million
EPS 4.11
Price-to-Earnings (P/E) Ratio 18.17
Price-to-Sales 3.91
Price-to-Book 1.21
PEG Ratio 1.47
Dividend 1.10
Dividend Yield 1.47%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 80.95
Resistance 3 (R3) 80.36 77.66 79.90
Resistance 2 (R2) 77.66 76.05 77.96 79.54
Resistance 1 (R1) 76.14 75.05 76.90 76.73 79.19
Pivot Point 73.44 73.44 73.82 73.74 73.44
Support 1 (S1) 71.92 71.83 72.68 72.51 70.05
Support 2 (S2) 69.22 70.83 69.52 69.70
Support 3 (S3) 67.70 69.22 69.35
Support 4 (S4) 68.29