ALLBIRDS INC-CL A (BIRD) Stock Technical Analysis
USA - NASDAQ:BIRD - US01675A2087 - Common Stock
6.11 USD
+0.11 (+1.83%)
6.23 USD
+0.12 (+1.96%)
We assign a technical rating of 0 out of 10 to BIRD. BIRD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BIRD is a bad performer in the overall market: 97% of all stocks are doing better.
BIRD is part of the Textiles, Apparel & Luxury Goods industry. There are 49 other stocks in this industry, of which 93% are performing better than BIRD.
BIRD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
BIRD is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
BIRD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 6.10, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BIRD 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
5.88
11.16
We found 1 important support area.
- A support zone ranging from 5.94 to 6.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @6.80 from a horizontal line in the daily time frame.
- Resistance @10.61 from a trend line in the weekly time frame.
- Resistance @11.05 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 BIRD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BIRD is down. |
| ChartMill Relative Strength | 3.38 | NEGATIVE | BIRD has a low relative strength, it was outperformed by 96.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BIRD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BIRD is below a declining 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) | 38.64 | NEUTRAL | The RSI value for BIRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests BIRD has a positive trend. |
| Stochastics (14,3) | 16.01 | OVERSOLD | The low Stochastics value suggests BIRD may be oversold. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for BIRD suggests high volalility. |
| Average Directional Index/ADX (14) | 33.26 | 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)
6.11
+0.11 (+1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg1.83%
1 Week-0.33%
2 Weeks-2.4%
1 Month-5.56%
3 Month-41.81%
6 Month18.87%
12 Month-50.96%
2 Year-72.48%
3 Year-89.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%5.67%
ATR Inc-5%
Range Today0.4
ADR(20)0.33
ADR(20)%5.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.38
Mansfield-2.9
10 Day High6.41
10 Day Low5.93
20 Day High7.2
20 Day Low5.93
52 Week High12.85
52 Week Low3.93
CS1 End6.1
CR1 Start6.8
Volume & EV
DER(3)3.7%
DER(5)-0.28%
Volume73.00K
Volume Incr-15.1%
Vol(5)42.38K
Vol(50)59.03K