BIRCHCLIFF ENERGY LTD (BIR.CA) Stock Technical Analysis
TSX:BIR - Toronto Stock Exchange - CA0906971035 - Common Stock - Currency: CAD
We assign a technical rating of 5 out of 10 to BIR. In the last year, BIR was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month BIR has a been trading in the 6.75 - 7.86 range, which is quite wide. It is currently trading near the lows of this range.
BIR is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry. BIR outperforms 75% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, BIR turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
BIR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BIR is lagging the market.
BIR has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.79
8.03
When analyzing the support we can see 5 important areas.
- A support zone ranging from 6.80 to 6.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.60 from a trend line in the daily time frame.
- Support @6.00 from a trend line in the weekly time frame.
- Support @5.55 from a trend line in the daily time frame.
- Support @4.84 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.78 to 7.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.95 from a horizontal 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 | UP | POSITIVE | The long term trend for BIR.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BIR.CA is down. |
| ChartMill Relative Strength | 63.33 | NEUTRAL | BIR.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BIR.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIR.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BIR.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.83 | NEUTRAL | The RSI value for BIR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests BIR.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.87 | OVERSOLD | The low Stochastics value suggests BIR.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for BIR.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.69 | NEGATIVE | The low ADX value for BIR.CA 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)
TSX:BIR (7/11/2025, 7:00:00 PM)
6.92
+0.1 (+1.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.47%
1 Week-2.12%
2 Weeks-5.72%
1 Month-6.11%
3 Month22.7%
6 Month15.33%
12 Month8.29%
2 Year-12.18%
3 Year-29.67%
5 Year476.67%
10 Year16.89%
15 Year-30.8%
Volatility
ATR(14)0.22
ATR(20)%3.24%
ATR Inc-11.92%
Range Today0.16
ADR(20)0.22
ADR(20)%3.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.33
Mansfield0.86
10 Day High7.67
10 Day Low6.75
20 Day High7.86
20 Day Low6.75
52 Week High7.86
52 Week Low4.53
CS1 End6.91
CR1 Start7.78
Volume & EV
DER(3)-7.96%
DER(5)-5.85%
Volume748.12K
Volume Incr-35.04%
Vol(5)628.37K
Vol(50)878.87K