BIRKENSTOCK HOLDING PLC (BIRK) Stock Technical Analysis
USA - NYSE:BIRK - JE00BS44BN30 - Common Stock
41.94 USD
-0.39 (-0.92%)
42 USD
+0.06 (+0.14%)
Taking everything into account, BIRK scores 0 out of 10 in our technical rating. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
86% of all other stocks performed better in the past year than BIRK.
BIRK 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 BIRK has a been trading in the 41.42 - 47.65 range, which is quite wide. It is currently trading near the lows of this range.
BIRK has an average volume of 2189740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BIRK is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 40% of 48 stocks in the same industry.
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
41.51
57.49
We found 1 important support area.
- A support zone ranging from 41.93 to 41.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 43.17 to 43.47. 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 46.90 to 47.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @51.15 from a trend line in the daily time frame.
- Resistance @52.38 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 | 14.47 | NEGATIVE | BIRK has a low relative strength, it was outperformed by 85.53% 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) | 28.21 | OVERSOLD | The low RSI value suggests BIRK may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests BIRK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.71 | OVERSOLD | The low Stochastics value suggests BIRK may be oversold. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for BIRK suggests some volalility. |
| Average Directional Index/ADX (14) | 37.45 | 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)
41.94
-0.39 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.92%
1 Week-0.76%
2 Weeks-8.85%
1 Month-12%
3 Month-15.61%
6 Month-11.8%
12 Month-19%
2 Year7.35%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.27
ATR(20)%3.37%
ATR Inc0.64%
Range Today0.72
ADR(20)1.4
ADR(20)%3.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.47
Mansfield-2.53
10 Day High46.43
10 Day Low41.43
20 Day High47.65
20 Day Low41.43
52 Week High62.66
52 Week Low40.56
CS1 End41.93
CR1 Start43.17
Volume & EV
DER(3)4.32%
DER(5)3.12%
Volume2.56M
Volume Incr-14.59%
Vol(5)2.22M
Vol(50)2.19M