Borgwarner Inc. | BWA

Daily Technical Analysis of Borgwarner Inc.

Borgwarner is up a bit on the day, funds flowing in kept the price up 2.03% since yesterday. It looks like BWA may be interacting with a downward sloping resistance line. This may be an opportunity to short sell. In addition to being near an angled resistance line BWA is near a weak resistance line. If there isn't strong buying pressure the price might bounce off and move back down, but it can always break through and move up. Borgwarner has had pretty poor momentum over the last few months and has continued to slide downward into poor demand. Considering the market's lack of appetite for BWA we might not see the necessary demand to break through a resistance line if sellers continue to dump. Over the past 3 months, owners of the Autos company are down -9.23 percent, things aren't going great... I wouldn't be surprised to see more selling.

If the price breaks through the resistance level it will probably move up to the $30.45 where it may meet further resistance. We aren't seeing very clear support levels down beneath this point, so it might have room to gap down lower if price is rejected from here.

Analyst Ratings for Borgwarner By Price Target And Rating

The analysts are pretty neutral on BorgWarner right now, so not much useful information here. The current Analysts Sentiment Score is -1.27. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. BNP Paribas downgraded from Outperform to Neutral on 2024-02-20 and decided to decrease their price target by -18.6% down to $35.00. On 2024-02-15 Barclays lowered their price target by -6.98% to $40.00. On 2024-02-09 The Goldman Sachs Group lowered their price target by -10.53% to $34.00. Wells Fargo & Company dropped their price target by -8.51% to $43.00 on 2024-02-09. JPMorgan Chase & Co. provided a price target decease of -11.86% to $52.00 from $59.00 on 2024-01-25. Robert W. Baird released a downgrade on 2024-01-03 from Outperform to Neutral and they lowered their price target by -13.33% to $39.00 from a previous target of $45.00. Guggenheim upgraded from Neutral to Buy on 2023-11-16 and they set their price target at $41.00. Morgan Stanley announced a lowering of their price target to $45.00 from $47.00 on 2023-11-14. On 2023-11-03 there was a downgrade announced by Deutsche Bank Aktiengesel from Buy to Hold and decided to decrease their price target by -23.4% down to $36.00. On 2023-10-11 Citigroup lowered their price target by -6.77% to $44.75.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for BorgWarner

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for BorgWarner

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.