ALLBIRDS INC-CL A (BIRD) Stock Technical Analysis
USA - NASDAQ:BIRD - US01675A2087 - Common Stock
Overall BIRD gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. BIRD was also a bad performer in the overall market in the last year.
The technical rating of BIRD is bad and it also does not present a quality setup 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
5.84
We found 5 important support areas.
- A support zone ranging from 7.16 to 7.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.66 from a horizontal line in the daily time frame.
- A support zone ranging from 6.25 to 6.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.01 from a trend line in the weekly time frame.
- Support @5.90 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @9.69 from a trend line in the weekly time frame.
- Resistance @10.39 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 | NEUTRAL | NEUTRAL | The short term trend for BIRD is neutral. |
| ChartMill Relative Strength | 6.74 | NEGATIVE | BIRD has a low relative strength, it was outperformed by 93.26% 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) | UP | POSITIVE | The current price of BIRD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.4 | NEUTRAL | The RSI value for BIRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests BIRD has a positive trend. |
| Stochastics (14,3) | 57.44 | NEUTRAL | The Stochastics value for BIRD is a neutral value. |
| Average True Range in percent/ATR (20) | 6.64 | HIGH VOLATILITY | The high ATR as a percentage value for BIRD suggests high volalility. |
| Average Directional Index/ADX (14) | 18.24 | NEGATIVE | The low ADX value for BIRD suggests a weak or negative trend. |
7.45
+0.3 (+4.2%)
ALLBIRDS INC-CL A / BIRD FAQ
Can you provide the ChartMill technical rating for ALLBIRDS INC-CL A?
ChartMill assigns a technical rating of 3 / 10 to BIRD.
What is the current trend direction of ALLBIRDS INC-CL A (BIRD) stock?
The current trend direction for ALLBIRDS INC-CL A (BIRD) is Bearish.
What is the RSI signal for ALLBIRDS INC-CL A (BIRD) stock?
ALLBIRDS INC-CL A (BIRD) has an RSI value of 59.3981. This indicates that the stock is currently neutral.
What is the MACD signal for ALLBIRDS INC-CL A (BIRD) stock?
The MACD indicator for ALLBIRDS INC-CL A (BIRD) has a value of 0.0852068, indicating a bearish trend.