ALLBIRDS INC-CL A (BIRD) Stock Technical Analysis
NASDAQ:BIRD • US01675A2087
Overall BIRD gets a technical rating of 0 out of 10. 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: 95% of all stocks are doing better.
- BIRD is one of the lesser performing stocks in the Textiles, Apparel & Luxury Goods industry. 90% of 45 stocks in the same industry do better.
- BIRD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month BIRD has a been trading in the 2.64 - 4.07 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
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
2.81
We can see 3 important resistance areas.
- A resistance zone ranging from 3.16 to 3.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.74 to 3.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.65 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 | 5.34 | NEGATIVE | BIRD has a low relative strength, it was outperformed by 94.66% 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) | 31.23 | NEUTRAL | The RSI value for BIRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BIRD has a positive trend. |
| Stochastics (14,3) | 25.09 | NEUTRAL | The Stochastics value for BIRD is a neutral value. |
| Average True Range in percent/ATR (20) | 8.86 | HIGH VOLATILITY | The high ATR as a percentage value for BIRD suggests high volalility. |
| Average Directional Index/ADX (14) | 30.96 | POSITIVE | The high ADX value value for BIRD suggests a strong trend. |
2.84
-0.14 (-4.7%)
ALLBIRDS INC-CL A / BIRD FAQ
Can you provide the ChartMill technical rating for ALLBIRDS INC-CL A?
ChartMill assigns a technical rating of 0 / 10 to BIRD.
What is the trend direction for 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 31.2303. This indicates that the stock is currently neutral.
What is the short term momentum for BIRD stock?
The short term momentum for ALLBIRDS INC-CL A (BIRD) is negative.
What are the support and resistance levels for ALLBIRDS INC-CL A (BIRD) stock?
ALLBIRDS INC-CL A (BIRD) has a resistance level at 3.16. Check the full technical report for our detailed analysis of BIRD support and resistance levels.