BIRKENSTOCK HOLDING PLC (BIRK) Stock Technical Analysis
NYSE:BIRK - New York Stock Exchange, Inc. - JE00BS44BN30 - Common Stock - Currency: USD
Taking everything into account, BIRK scores 2 out of 10 in our technical rating. BIRK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month BIRK has a been trading in the 50.30 - 57.20 range, which is quite wide. It is currently trading near the lows of this range.
BIRK has an average volume of 2024710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, BIRK turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
BIRK is part of the Textiles, Apparel & Luxury Goods industry. There are 48 other stocks in this industry, BIRK did better than 61% 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.
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
42.24
58.29
3 important support areas can be observed.
- Support @50.41 from a horizontal line 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 51.76 to 52.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 55.37 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 | DOWN | NEGATIVE | The short term trend for BIRK is down. |
| ChartMill Relative Strength | 44.71 | NEUTRAL | BIRK is not amongst the best or worst performers 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) | UP | MIXED | The current price of BIRK is below 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) | 38.65 | NEUTRAL | The RSI value for BIRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests BIRK has a negative trend. |
| Stochastics (14,3) | 11.69 | OVERSOLD | The low Stochastics value suggests BIRK may be oversold. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for BIRK suggests some volalility. |
| Average Directional Index/ADX (14) | 18.72 | 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)
50.42
-1.72 (-3.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-3.3%
1 Week-4.6%
2 Weeks-10.12%
1 Month-5.26%
3 Month10.23%
6 Month-14.72%
12 Month-7.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.56
ATR(20)%3%
ATR Inc36.75%
Range Today2.68
ADR(20)1.44
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.71
Mansfield-0.87
10 Day High57.2
10 Day Low50.3
20 Day High57.2
20 Day Low50.3
52 Week High64.78
52 Week Low40.56
CS1 End50.41
CR1 Start51.76
Volume & EV
DER(3)1.92%
DER(5)1.46%
Volume2.50M
Volume Incr-39.48%
Vol(5)1.45M
Vol(50)2.02M