BIRKENSTOCK HOLDING PLC (BIRK) Stock Technical Analysis
USA - NYSE:BIRK - JE00BS44BN30 - Common Stock
44.91 USD
-0.43 (-0.95%)
45.12 USD
+0.21 (+0.47%)
Overall BIRK gets a technical rating of 0 out of 10. BIRK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BIRK is a bad performer in the overall market: 82% of all stocks are doing better.
BIRK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BIRK has a been trading in the 43.17 - 52.89 range, which is quite wide. It is currently trading near the lows of this range.
BIRK has an average volume of 1989220 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 46% of 48 stocks in the same industry.
Volume is considerably higher in the last couple of days.
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
43.19
57.49
When analyzing the support we notice one important area.
- Support @43.63 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 46.03 to 46.45. 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 47.67 to 47.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 52.13 to 52.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 18.63 | NEGATIVE | BIRK has a low relative strength, it was outperformed by 81.37% 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) | 35.12 | NEUTRAL | The RSI value for BIRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests BIRK has a negative trend. |
| Stochastics (14,3) | 18.14 | OVERSOLD | The low Stochastics value suggests BIRK may be oversold. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for BIRK suggests some volalility. |
| Average Directional Index/ADX (14) | 28.8 | 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)
44.91
-0.43 (-0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.95%
1 Week-2.35%
2 Weeks-5.25%
1 Month-13.85%
3 Month-9.16%
6 Month-1.81%
12 Month-8.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.55
ATR(20)%3.34%
ATR Inc60.32%
Range Today3.08
ADR(20)1.44
ADR(20)%3.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.63
Mansfield-2.04
10 Day High47.95
10 Day Low43.17
20 Day High52.89
20 Day Low43.17
52 Week High62.66
52 Week Low40.56
CS1 End43.63
CR1 Start46.03
Volume & EV
DER(3)2.33%
DER(5)1.34%
Volume4.82M
Volume Incr91.61%
Vol(5)3.11M
Vol(50)1.99M