Broadwind (BWEN) has recently displayed an intriguing bullish signal, with its Aroon Indicator entering an uptrend on April 21, 2023. This signal could present a lucrative opportunity for traders looking to capitalize on the stock's potential upward movement. In this article, we'll explore the significance of the Aroon Indicator, examine the historical success of similar instances, and discuss the implications for traders considering long positions or call options.
Aroon Indicator: A Primer The Aroon Indicator, developed by Tushar Chande in 1995, is a technical tool designed to identify trend changes and potential trend strength in stocks. The indicator consists of two lines – the AroonUp (green line) and the AroonDown (red line) – which fluctuate between 0 and 100. When the AroonUp line crosses above 70 and the AroonDown line remains below 30, it suggests a strong uptrend may be emerging, providing a bullish signal for traders.
BWEN's Aroon Indicator: A Bullish Signal On April 24, 2023, Tickeron's A.I.dvisor identified a bullish signal for BWEN. The AroonUp line rose above 70, while the AroonDown line remained below 30. This pattern indicates that the stock could be poised for a strong uptrend, providing a potentially profitable opportunity for traders.
Historical Success Rate To gauge the likelihood of success for this bullish signal, A.I.dvisor analyzed 104 previous instances where the Aroon Indicator displayed a similar pattern. In 89 of these cases, the stock experienced upward movement in the following days, resulting in an 86% success rate. This high percentage suggests a strong probability of a positive outcome for traders who take advantage of this signal.
Implications for Traders Considering the Aroon Indicator's bullish signal and its historical success rate, traders may want to consider going long on BWEN or exploring call options in the coming month. However, it's essential to keep in mind that past performance is not a guarantee of future results, and other factors can impact stock performance.
Broadwind (BWEN, $5.2) has displayed a promising Aroon Indicator uptrend signal on April 21, 2023, which could offer traders an attractive opportunity to capitalize on the stock's potential upward movement. With an 86% historical success rate for similar instances, this signal is worth considering for those looking to go long on BWEN or explore call options. As always, it is crucial to conduct thorough research and weigh the risks before making any investment decisions.
BWEN moved above its 50-day moving average on May 07, 2025 date and that indicates a change from a downward trend to an upward trend. In of 39 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on May 07, 2025. You may want to consider a long position or call options on BWEN as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for BWEN just turned positive on May 08, 2025. Looking at past instances where BWEN's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for BWEN crossed bullishly above the 50-day moving average on April 16, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BWEN advanced for three days, in of 232 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 109 cases where BWEN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BWEN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BWEN broke above its upper Bollinger Band on April 03, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.959) is normal, around the industry mean (4.613). P/E Ratio (6.917) is within average values for comparable stocks, (46.258). BWEN's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.205). Dividend Yield (0.000) settles around the average of (0.022) among similar stocks. P/S Ratio (0.263) is also within normal values, averaging (9.757).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. BWEN’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BWEN’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 71, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of large wind tower support structures
Industry IndustrialMachinery