ALLBIRDS INC-CL A (BIRD) Stock Technical Analysis
NASDAQ:BIRD - Nasdaq - US01675A2087 - Common Stock - Currency: USD
Overall BIRD gets a technical rating of 6 out of 10. In the last year, BIRD was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
78% of all other stocks performed better in the past year than BIRD.
BIRD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BIRD is lagging the market.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month BIRD has a been trading in the 4.69 - 7.36 range, which is quite wide. It is currently trading near the high of this range.
BIRD is part of the Textiles, Apparel & Luxury Goods industry. There are 48 other stocks in this industry, BIRD did better than 40% of them.
BIRD has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.63
8.83
We found 3 important support areas.
- A support zone ranging from 6.59 to 6.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.42 from a trend line in the daily time frame.
- Support @5.69 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @8.74 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 | NEUTRAL | NEUTRAL | The long term trend for BIRD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BIRD is up. |
| ChartMill Relative Strength | 22.6 | NEGATIVE | BIRD has a low relative strength, it was outperformed by 77.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BIRD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIRD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BIRD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.36 | NEUTRAL | The RSI value for BIRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests BIRD has a positive trend. |
| Stochastics (14,3) | 85.51 | OVERBOUGHT | The high Stochastics value suggests BIRD may be overbought. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for BIRD suggests high volalility. |
| Average Directional Index/ADX (14) | 28.23 | POSITIVE | The high ADX value value for BIRD suggests a strong 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)
7.29
+0.69 (+10.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg10.45%
1 Week5.65%
2 Weeks34.25%
1 Month42.94%
3 Month10.96%
6 Month-8.76%
12 Month-38.17%
2 Year-69.11%
3 Year-93.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%5.76%
ATR Inc37.68%
Range Today0.77
ADR(20)0.41
ADR(20)%5.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.6
Mansfield-2.06
10 Day High7.36
10 Day Low5.41
20 Day High7.36
20 Day Low4.69
52 Week High18.33
52 Week Low3.93
CS1 End6.61
CR1 Start8.74
Volume & EV
DER(3)-2.28%
DER(5)-6.62%
Volume69.60K
Volume Incr32.52%
Vol(5)39.28K
Vol(50)48.59K