BIRKS GROUP INC (BGI) Stock Technical Analysis
NYSEARCA:BGI - NYSE Arca - CA09088U1093 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to BGI. BGI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, BGI is a bad performer in the overall market: 96% of all stocks are doing better.
BGI is part of the Specialty Retail industry. There are 121 other stocks in this industry, of which 85% are performing better than BGI.
BGI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BGI has a been trading in the 0.81 - 0.99 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, BGI does present a nice setup opportunity. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.89
0.99
We can see 2 important resistance areas.
- A resistance zone ranging from 0.93 to 0.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.96 to 0.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BGI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BGI is neutral. |
| ChartMill Relative Strength | 4.78 | NEGATIVE | BGI has a low relative strength, it was outperformed by 95.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BGI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BGI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BGI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.65 | NEUTRAL | The RSI value for BGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BGI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.11 | NEUTRAL | The Stochastics value for BGI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.69 | HIGH VOLATILITY | The high ATR as a percentage value for BGI suggests high volalility. |
| Average Directional Index/ADX (14) | 12.9 | NEGATIVE | The low ADX value for BGI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.898
-0.03 (-3.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-3.22%
1 Week-7.99%
2 Weeks0.92%
1 Month3.09%
3 Month-6.32%
6 Month-39.93%
12 Month-64.78%
2 Year-70.94%
3 Year-82.36%
5 Year-1.71%
10 Year4.42%
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%7.69%
ATR Inc67.18%
Range Today0.12
ADR(20)0.07
ADR(20)%7.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.78
Mansfield-4.85
10 Day High0.98
10 Day Low0.81
20 Day High0.99
20 Day Low0.81
52 Week High2.95
52 Week Low0.76
CS1 EndN/A
CR1 Start0.93
Volume & EV
DER(3)-32.29%
DER(5)-28.48%
Volume36.40K
Volume Incr-15.06%
Vol(5)73.12K
Vol(50)69.70K