BIRKENSTOCK HOLDING PLC (BIRK) Stock Technical Analysis
USA - NYSE:BIRK - JE00BS44BN30 - Common Stock
Taking everything into account, BIRK scores 0 out of 10 in our technical rating. BIRK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BIRK has a poor technical rating and the quality of the setup is also not perfect 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
38.66
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 39.69 to 40.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 43.11 to 44.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @49.92 from a trend line in the daily time frame.
- Resistance @51.64 from a trend line in the weekly time frame.
- 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 | DOWN | NEGATIVE | The long term trend for BIRK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BIRK is down. |
| ChartMill Relative Strength | 15.13 | NEGATIVE | BIRK has a low relative strength, it was outperformed by 84.87% 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) | 28.36 | OVERSOLD | The low RSI value suggests BIRK may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BIRK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.36 | OVERSOLD | The low Stochastics value suggests BIRK may be oversold. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for BIRK suggests some volalility. |
| Average Directional Index/ADX (14) | 45.91 | POSITIVE | The high ADX value value for BIRK suggests a strong trend. |
39.05
+0.25 (+0.64%)
BIRKENSTOCK HOLDING PLC / BIRK FAQ
What is the ChartMill technical rating of BIRKENSTOCK HOLDING PLC (BIRK) stock?
ChartMill assigns a technical rating of 0 / 10 to BIRK.
What is the current trend direction of BIRKENSTOCK HOLDING PLC (BIRK) stock?
The current trend direction for BIRKENSTOCK HOLDING PLC (BIRK) is Bearish.
What is the RSI signal for BIRK stock?
BIRKENSTOCK HOLDING PLC (BIRK) has an RSI value of 28.363. This indicates that the stock is currently oversold.
What is the MACD signal for BIRK stock?
The MACD indicator for BIRKENSTOCK HOLDING PLC (BIRK) has a value of -0.0721478, indicating a bearish trend.
Can you provide the buy/sell signal for BIRKENSTOCK HOLDING PLC?
The buy/sell signal for BIRKENSTOCK HOLDING PLC (BIRK) is sell as both the short term and long term trends are negative.