BIRKS GROUP INC (BGI) Stock Technical Analysis
NYSEARCA:BGI - NYSE Arca - CA09088U1093 - Common Stock - Currency: USD
Taking everything into account, BGI scores 0 out of 10 in our technical rating. BGI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BGI is a bad performer in the overall market: 94% of all stocks are doing better.
BGI is part of the Specialty Retail industry. There are 120 other stocks in this industry, of which 88% are performing better than BGI.
BGI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BGI is lagging the market.
In the last month BGI has a been trading in the 0.81 - 1.08 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
BGI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for BGI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.85
1.11
When analyzing the support we notice one important area.
- Support @0.86 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 0.93 to 0.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.03 to 1.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.05 from a horizontal line in the daily time frame.
- Resistance @1.10 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for BGI is down. |
| ChartMill Relative Strength | 6.13 | NEGATIVE | BGI has a low relative strength, it was outperformed by 93.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BGI is above a declining 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) | 46.19 | NEUTRAL | The RSI value for BGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BGI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.89 | NEUTRAL | The Stochastics value for BGI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.68 | HIGH VOLATILITY | The high ATR as a percentage value for BGI suggests high volalility. |
| Average Directional Index/ADX (14) | 16.27 | 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)
0.9249
0 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.54%
1 Week0%
2 Weeks-6.11%
1 Month-9.7%
3 Month-22.03%
6 Month-42.9%
12 Month-68.71%
2 Year-90.06%
3 Year-81.67%
5 Year53.15%
10 Year-28.68%
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%9.68%
ATR Inc-56.73%
Range Today0.03
ADR(20)0.09
ADR(20)%9.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.13
Mansfield-5.08
10 Day High1.03
10 Day Low0.85
20 Day High1.08
20 Day Low0.81
52 Week High3.04
52 Week Low0.76
CS1 End0.86
CR1 Start0.92
Volume & EV
DER(3)8.25%
DER(5)-8.79%
Volume8.40K
Volume Incr-27.22%
Vol(5)55.03K
Vol(50)105.40K