BIRKENSTOCK HOLDING PLC (BIRK) Stock Technical Analysis
NYSE:BIRK - JE00BS44BN30 - Common Stock
50.19 USD
-0.43 (-0.85%)
50.19 USD
0 (0%)
Overall BIRK gets a technical rating of 3 out of 10. In the past year, BIRK was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
64% of all other stocks performed better in the past year than BIRK.
BIRK has an average volume of 1971180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
BIRK is part of the Textiles, Apparel & Luxury Goods industry. There are 49 other stocks in this industry, BIRK did better than 56% of them.
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.
In the last month BIRK has a been trading in the 47.50 - 53.53 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 poor technical rating and the quality of the setup is also only medium 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
42.24
58.29
We found 4 important support areas.
- A support zone ranging from 48.97 to 49.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.47 to 46.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @43.63 from a horizontal line in the weekly time frame.
- Support @42.67 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 50.51 to 51.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 52.71 to 53.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 56.70 to 57.71. 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 | 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 | 36.46 | NEUTRAL | BIRK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BIRK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIRK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BIRK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.94 | NEUTRAL | The RSI value for BIRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests BIRK has a negative trend. |
| Stochastics (14,3) | 33.84 | NEUTRAL | The Stochastics value for BIRK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for BIRK suggests some volalility. |
| Average Directional Index/ADX (14) | 15.01 | 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)
50.19
-0.43 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.85%
1 Week-4.31%
2 Weeks-0.89%
1 Month3.46%
3 Month-8.35%
6 Month9.95%
12 Month10.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.36
ATR(20)%2.93%
ATR Inc-5.69%
Range Today1.24
ADR(20)1.43
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
CRS36.46
Mansfield-1.04
10 Day High53.53
10 Day Low49.21
20 Day High53.53
20 Day Low47.5
52 Week High62.66
52 Week Low40.56
CS1 End49.88
CR1 Start50.51
Volume & EV
DER(3)0.35%
DER(5)2.74%
Volume1.17M
Volume Incr-34.13%
Vol(5)1.30M
Vol(50)1.97M