BIRKENSTOCK HOLDING PLC (BIRK) Stock Technical Analysis
USA - NYSE:BIRK - JE00BS44BN30 - Common Stock
40.65 USD
+0.33 (+0.82%)
40 USD
-0.65 (-1.6%)
Overall BIRK gets a technical rating of 0 out of 10. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, BIRK is a bad performer in the overall market: 81% of all stocks are doing better.
BIRK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BIRK is lagging the market.
BIRK has an average volume of 2139100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BIRK is part of the Textiles, Apparel & Luxury Goods industry. There are 48 other stocks in this industry, BIRK did better than 42% of them.
In the last month BIRK has a been trading in the 38.16 - 43.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BIRK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 38.79, a Stop Loss order could be placed below this zone.
More info and screens
38.40
57.49
We found 1 important support area.
- A support zone ranging from 38.79 to 38.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 40.66 to 41.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @49.42 from a trend line in the daily time frame.
- Resistance @51.45 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 | NEUTRAL | NEUTRAL | The short term trend for BIRK is neutral. |
| ChartMill Relative Strength | 19.66 | NEGATIVE | BIRK has a low relative strength, it was outperformed by 80.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BIRK is above 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) | 47.41 | NEUTRAL | The RSI value for BIRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests BIRK has a positive trend. |
| Stochastics (14,3) | 52.57 | NEUTRAL | The Stochastics value for BIRK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for BIRK suggests some volalility. |
| Average Directional Index/ADX (14) | 30.34 | POSITIVE | The high ADX value value for BIRK suggests a strong 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)
40.65
+0.33 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg0.82%
1 Week0.69%
2 Weeks4.12%
1 Month-5.68%
3 Month-23.88%
6 Month-23.62%
12 Month-14.6%
2 Year-11.92%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.28
ATR(20)%3.19%
ATR Inc-13.65%
Range Today1.1
ADR(20)1.22
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.66
3 months CRS13.89
6 months CRS13.04
Mansfield-2.45
10 Day High42.11
10 Day Low38.28
20 Day High43.39
20 Day Low38.16
52 Week High62.66
52 Week Low38.16
CS1 End38.79
CR1 Start40.66
Volume & EV
DER(3)-2.36%
DER(5)-6.51%
Volume1.66M
Volume Incr-2.01%
Vol(5)1.73M
Vol(50)2.14M
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 47.4113. This indicates that the stock is currently neutral.
What is the MACD signal for BIRK stock?
The MACD indicator for BIRKENSTOCK HOLDING PLC (BIRK) has a value of 0.290899, indicating a bearish trend.