BIRKENSTOCK HOLDING PLC (BIRK) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:BIRK • JE00BS44BN30
Overall BIRK gets a technical rating of 0 out of 10. 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.
- 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: 85% of all stocks are doing better.
- BIRK is part of the Textiles, Apparel & Luxury Goods industry. There are 45 other stocks in this industry, of which 72% are performing better than BIRK.
- BIRK is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month BIRK has a been trading in the 36.45 - 44.91 range, which is quite wide. It is currently trading near the lows of this range.
- BIRK has an average volume of 2706350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
36.77
We found 1 important support area.
- A support zone ranging from 37.14 to 37.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 40.25 to 40.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 41.56 to 41.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @44.89 from a trend line in the daily time frame.
- Resistance @46.27 from a horizontal line in the daily time frame.
- A resistance zone ranging from 47.66 to 47.76. 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 | 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 | 15.2 | NEGATIVE | BIRK has a low relative strength, it was outperformed by 84.8% 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) | 35.89 | NEUTRAL | The RSI value for BIRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests BIRK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.15 | OVERSOLD | The low Stochastics value suggests BIRK may be oversold. |
| Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for BIRK suggests some volalility. |
| Average Directional Index/ADX (14) | 20.19 | NEUTRAL | The ADX value for BIRK suggests a possible start of a new trend. |
37.16
-0.6 (-1.59%)
BIRKENSTOCK HOLDING PLC / BIRK 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 35.8897. 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.