BIRKENSTOCK HOLDING PLC (BIRK) Stock Technical Analysis
NYSE:BIRK - New York Stock Exchange, Inc. - JE00BS44BN30 - Common Stock - Currency: USD
Overall BIRK gets a technical rating of 1 out of 10. BIRK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, BIRK is a bad performer in the overall market: 89% of all stocks are doing better.
BIRK is part of the Textiles, Apparel & Luxury Goods industry. There are 50 other stocks in this industry, of which 63% are performing better than BIRK.
In the last month BIRK has a been trading in the 47.50 - 53.10 range, which is quite wide. It is currently trading near the lows of this range.
BIRK has an average volume of 2052700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
BIRK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BIRK is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, BIRK does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
41.60
57.49
We found 4 important support areas.
- Support @47.96 from a trend line in the daily time frame.
- Support @46.64 from a horizontal line in the daily time frame.
- Support @43.63 from a horizontal line in the weekly time frame.
- A support zone ranging from 42.02 to 42.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 48.65 to 49.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 49.99 to 50.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 51.50 to 51.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 52.72 to 52.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 53.90 to 54.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @56.92 from a horizontal line in the daily 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 BIRK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BIRK is neutral. |
| ChartMill Relative Strength | 11.51 | NEGATIVE | BIRK has a low relative strength, it was outperformed by 88.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BIRK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BIRK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BIRK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.56 | NEUTRAL | The RSI value for BIRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests BIRK has a negative trend. |
| Stochastics (14,3) | 31.42 | NEUTRAL | The Stochastics value for BIRK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for BIRK suggests some volalility. |
| Average Directional Index/ADX (14) | 19.5 | NEGATIVE | The low ADX value for BIRK suggests a weak or negative 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)
48.41
-1.82 (-3.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-3.62%
1 Week-0.21%
2 Weeks-3.35%
1 Month-2.46%
3 Month-14.61%
6 Month-12.38%
12 Month-23.02%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.59
ATR(20)%3.08%
ATR Inc55.78%
Range Today2.91
ADR(20)1.37
ADR(20)%2.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.51
Mansfield-1.41
10 Day High50.79
10 Day Low47.5
20 Day High53.11
20 Day Low47.5
52 Week High64.78
52 Week Low40.56
CS1 End47.96
CR1 Start48.65
Volume & EV
DER(3)-1.49%
DER(5)-0.19%
Volume5.93M
Volume Incr54.76%
Vol(5)2.92M
Vol(50)2.05M