BIRKENSTOCK HOLDING PLC (BIRK) Stock Technical Analysis
NYSE:BIRK - New York Stock Exchange, Inc. - JE00BS44BN30 - Common Stock - Currency: USD
Overall BIRK gets a technical rating of 5 out of 10. In the past year, BIRK was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
BIRK is part of the Textiles, Apparel & Luxury Goods industry. There are 48 other stocks in this industry. BIRK outperforms 76% of them.
BIRK has an average volume of 1960810 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!
When comparing the yearly performance of all stocks, we notice that BIRK is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
BIRK is currently trading in the middle 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 slightly.
In the last month BIRK has a been trading in the 49.90 - 59.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BIRK has an average technical rating and it also does not offer a high 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
64.21
When analyzing the support we can see 2 important areas.
- A support zone ranging from 53.21 to 53.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.67 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 56.30 to 57.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @60.41 from a horizontal line in the weekly time frame.
- Resistance @63.57 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 | 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 | 77.08 | POSITIVE | BIRK has a high relative strength, it outperformed 77.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BIRK is above 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) | DOWN | MIXED | The current price of BIRK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.43 | NEUTRAL | The RSI value for BIRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests BIRK has a negative trend. |
| Stochastics (14,3) | 42.87 | NEUTRAL | The Stochastics value for BIRK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for BIRK suggests some volalility. |
| Average Directional Index/ADX (14) | 29.7 | 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)
54.18
+0.96 (+1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg1.8%
1 Week-6.12%
2 Weeks1.2%
1 Month5.01%
3 Month2.74%
6 Month11.81%
12 Month10.62%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.11
ATR(20)%3.6%
ATR Inc23.63%
Range Today1.1
ADR(20)1.7
ADR(20)%3.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.08
Mansfield-0.11
10 Day High59.5
10 Day Low51.16
20 Day High59.5
20 Day Low49.9
52 Week High64.78
52 Week Low40.56
CS1 End42.67
CR1 Start56.3
Volume & EV
DER(3)0.98%
DER(5)2.71%
Volume1.90M
Volume Incr5.77%
Vol(5)2.01M
Vol(50)1.96M