BANK OF IRELAND GROUP PLC (BIRG.I) Stock Technical Analysis
DUB:BIRG - Euronext Dublin - IE00BD1RP616 - Common Stock - Currency: EUR
Overall BIRG gets a technical rating of 8 out of 10. Although BIRG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
BIRG is one of the lesser performing stocks in the Banks industry. 70% of 94 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
BIRG is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BIRG is leading the market.
In the last month BIRG has a been trading in the 10.47 - 12.31 range, which is quite wide. It is currently trading near the high of this range.
BIRG has an average volume of 3198430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BIRG is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Although BIRG has an excellent technical rating, the quality of the presented setup is 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
8.03
12.57
6 important support areas can be observed.
- A support zone ranging from 11.97 to 12.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.53 to 11.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @10.43 from a trend line in the weekly time frame.
- Support @9.65 from a trend line in the daily time frame.
- Support @9.30 from a horizontal line in the daily time frame.
- Support @8.11 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.30 to 12.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BIRG.I is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BIRG.I is up. |
| ChartMill Relative Strength | 71.73 | POSITIVE | BIRG.I has a high relative strength, it outperformed 71.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BIRG.I is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIRG.I is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BIRG.I is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.95 | NEUTRAL | The RSI value for BIRG.I is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BIRG.I has a positive trend. |
| Stochastics (14,3) | 92.38 | OVERBOUGHT | The high Stochastics value suggests BIRG.I may be overbought. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for BIRG.I suggests some volalility. |
| Average Directional Index/ADX (14) | 21.4 | NEUTRAL | The ADX value for BIRG.I suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.46 | 11.96 | 0.50 (4.01%) | 24.92% |
| An entry @12.46. This is a Buy Stop order right above the resistance zone. | An exit @11.96. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.50 points, which is 4.01%. | For a 1.00% total portfolio risk, you can invest 24.92% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DUB:BIRG (6/3/2025, 7:00:00 PM)
12.29
+0.08 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.7%
1 Week4.37%
2 Weeks3.71%
1 Month17.05%
3 Month0.66%
6 Month46.48%
12 Month20.37%
2 Year40.65%
3 Year103.75%
5 Year573.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%2.39%
ATR Inc4.25%
Range Today0.24
ADR(20)0.27
ADR(20)%2.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.73
Mansfield1.84
10 Day High12.31
10 Day Low11.36
20 Day High12.31
20 Day Low10.47
52 Week High12.63
52 Week Low8.13
CS1 End12.28
CR1 Start12.3
Volume & EV
DER(3)-0.77%
DER(5)-0.86%
Volume2.00M
Volume Incr-3.49%
Vol(5)2.58M
Vol(50)3.20M