BOOHOO GROUP PLC (BOO.L) Technical Analysis
LON:BOO • JE00BG6L7297
Current stock price
BOO.L Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to BOO. Both in the recent history as in the last year, BOO has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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 BOO is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, BOO also shows a nice and consistent pattern of rising prices.
- BOO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BOO is lagging the market slightly.
- BOO has an average volume of 4962440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month BOO has a been trading in the 261.18 - 316.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
BOO.L Weekly and Daily overview Charts
BOO.L Setup Rating and Analysis
BOO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
BOO.L Support and Resistance Analysis
246.17
3 important support areas can be observed.
- A support zone ranging from 267.20 to 267.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 258.39 to 261.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 248.66 to 249.47. This zone is formed by a combination of multiple trend lines in the weekly time frame.
BOO.L 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 BOO.L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BOO.L is up. |
| ChartMill Relative Strength | 96.46 | POSITIVE | BOO.L has a high relative strength, it outperformed 96.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BOO.L is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BOO.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BOO.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.96 | NEUTRAL | The RSI value for BOO.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.13 | POSITIVE | The MACD value suggests BOO.L has a positive trend. |
| Stochastics (14,3) | 78.69 | NEUTRAL | The Stochastics value for BOO.L is a neutral value. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for BOO.L suggests some volalility. |
BOO.L Chart- and CandleStick Pattern Analysis
BOO.L 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 |
|---|---|---|---|
| 304.91 | 261.17 | 43.74 (14.35%) | 6.97% |
| An entry @304.91. This is a Buy Stop order right above the 10 day high. | An exit @261.17. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 43.74 points, which is 14.35%. | When investing 6.97% 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.
BOO.L Technicals: Chart, Performance Metrics, Trend & Indicators
LON:BOO (12/27/2019, 7:00:00 PM)
296.6
-0.6 (-0.2%)
BOOHOO GROUP PLC / BOO.L TA FAQ
What is the technical rating for BOO stock?
ChartMill assigns a technical rating of 9 / 10 to BOO.L.
What is the current trend direction of BOOHOO GROUP PLC (BOO.L) stock?
The current trend direction for BOOHOO GROUP PLC (BOO.L) is Bullish.
What is the RSI signal for BOO stock?
BOOHOO GROUP PLC (BOO.L) has an RSI value of 57.961. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BOOHOO GROUP PLC?
The MACD indicator for BOOHOO GROUP PLC (BOO.L) has a value of 1.1286, indicating a bullish trend.
Can you provide the short term momentum for BOOHOO GROUP PLC?
The short term momentum for BOOHOO GROUP PLC (BOO.L) is positive.