Burger king Worldwide (BKW) Technical Analysis
NYSE:BKW • US1212201073
Current stock price
BKW Technical Rating and Analysis
Taking everything into account, BKW scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BKW is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that BKW is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, BKW also shows a nice and consistent pattern of rising prices.
- BKW is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month BKW has a been trading in the 31.75 - 37.41 range, which is quite wide. It is currently trading near the high of this range.
- BKW has an average volume of 2634360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
BKW Weekly and Daily overview Charts
BKW Setup Rating and Analysis
Besides having an excellent technical rating, BKW also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 32.82, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
BKW Support and Resistance Analysis
28.19
When analyzing the support we can see 3 important areas.
- A support zone ranging from 32.23 to 32.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.05 to 29.28. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @28.47 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 36.35 to 36.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
BKW 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 | UP | POSITIVE | The long term trend for BKW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BKW is up. |
| ChartMill Relative Strength | 92.48 | POSITIVE | BKW has a high relative strength, it outperformed 92.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BKW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BKW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BKW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.79 | NEUTRAL | The RSI value for BKW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BKW has a positive trend. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for BKW suggests some volalility. |
BKW Chart- and CandleStick Pattern Analysis
BKW Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 36.68 | 32.22 | 4.46 (12.16%) | 8.22% |
| An entry @36.68. This is a Buy Stop order right above the resistance zone. | An exit @32.22. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.46 points, which is 12.16%. | When investing 8.22% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BKW Technicals: Chart, Performance Metrics, Trend & Indicators
35.5
-1.16 (-3.16%)
Burger king Worldwide / BKW TA FAQ
What is the ChartMill technical rating of Burger king Worldwide (BKW) stock?
ChartMill assigns a technical rating of 10 / 10 to BKW.
What is the trend direction for BKW stock?
The current trend direction for Burger king Worldwide (BKW) is Bullish.
What is the RSI signal for BKW stock?
Burger king Worldwide (BKW) has an RSI value of 57.7945. This indicates that the stock is currently neutral.
What is the short term momentum for Burger king Worldwide (BKW) stock?
The short term momentum for Burger king Worldwide (BKW) is positive.
Can you provide the support and resistance levels for Burger king Worldwide?
Burger king Worldwide (BKW) has a support level at 32.82 and a resistance level at 36.35. Check the full technical report for our detailed analysis of BKW support and resistance levels.