BIRKENSTOCK HOLDING PLC (BIRK) Technical Analysis
NYSE:BIRK • JE00BS44BN30
Current stock price
BIRK Technical Rating and Analysis
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 81% of all other stocks performed better in the past year than BIRK.
- BIRK is part of the Textiles, Apparel & Luxury Goods industry. There are 45 other stocks in this industry, of which 70% are performing better than BIRK.
- BIRK is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BIRK is lagging the market.
- In the last month BIRK has a been trading in the 35.70 - 42.61 range, which is quite wide. It is currently trading near the lows of this range.
- BIRK has an average volume of 2650320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BIRK Weekly and Daily overview Charts
BIRK Setup Rating and Analysis
The technical rating of BIRK is bad and it also does not present a quality setup 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
BIRK Support and Resistance Analysis
37.05
We found 1 important support area.
- Support @37.42 from a horizontal line in the weekly time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 39.67 to 40.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @41.66 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 42.53 to 42.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @46.27 from a horizontal line in the daily time frame.
- Resistance @47.66 from a horizontal line in the daily time frame.
- Resistance @48.47 from a trend line in the weekly time frame.
BIRK Technical Indicator Signal Analysis
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 | 19.44 | NEGATIVE | BIRK has a low relative strength, it was outperformed by 80.56% 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) | 42.36 | NEUTRAL | The RSI value for BIRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests BIRK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.3 | OVERSOLD | The low Stochastics value suggests BIRK may be oversold. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for BIRK suggests some volalility. |
| Average Directional Index/ADX (14) | 16.17 | NEGATIVE | The low ADX value for BIRK suggests a weak or negative trend. |
BIRK Chart- and CandleStick Pattern Analysis
BIRK Technicals: Chart, Performance Metrics, Trend & Indicators
37.43
+1.3 (+3.6%)
BIRKENSTOCK HOLDING PLC / BIRK TA FAQ
What is the technical rating for BIRK stock?
ChartMill assigns a technical rating of 0 / 10 to BIRK.
What is the trend direction for 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 42.3569. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BIRKENSTOCK HOLDING PLC?
The short term momentum for BIRKENSTOCK HOLDING PLC (BIRK) is negative.
What is the buy/sell signal for BIRK stock?
The buy/sell signal for BIRKENSTOCK HOLDING PLC (BIRK) is sell as both the short term and long term trends are negative.