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Stock Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
East West Bancorp, Inc. (NASDAQ:EWBC)
Long-Term Downtrend (-90) - EWBC is in a strong downtrend that is likely to continue. While EWBC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EWBC?
MarketClub looks at technical strength and momentum to determine if the timing is right for EWBC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EWBC
The long-term trend has been DOWN since Oct 2nd, 2023 at 51.0100
The intermediate-term trend has been DOWN since Aug 14th, 2023 at 57.7300
The short-term trend has been DOWN since Sep 19th, 2023 at 53.7885
Smart Scan Analysis for EWBC
Based on our trend formula, EWBC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 52.44 | 52.65 | 50.73 | 51.14 | -1.57 |
| Prev. Close | Volume | Bid | Ask | Time |
| 51.12 | 868173 | 2023-10-02 15:59:48 |
| Year High | 73.98 | Year High Date | 2018-06-07 |
| Year Low | 50.15 | Year Low Date | 2018-11-21 |
| 52wk High | 80.98 | 52wk High Date | 2023-02-02 |
| 52wk Low | 33.86 | 52wk Low Date | 2023-03-13 |
| Year End Close | 21.49 | Average Volume | 855,606 |
| Shares Outstanding | 141,484 | Short Interest | 4,135,565 |
| % Institutional | 89 | Market Cap | 6,716M |
| Assets | 672,448,980M | Liabilities | 609,355,670M |
| P/E Ratio | 5.993 | Beta | 1.55 |
| Volatility | 28.62 |