BOOT BARN HOLDINGS INC (BOOT) Stock Technical Analysis
USA - NYSE:BOOT - US0994061002 - Common Stock
176.07 USD
-2.67 (-1.49%)
176.07 USD
0 (0%)
Overall BOOT gets a technical rating of 7 out of 10. Although BOOT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
In the last month BOOT has a been trading in the 169.08 - 191.31 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
BOOT 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 BOOT is lagging the market slightly.
When compared to the yearly performance of all other stocks, BOOT outperforms 51% of them, which is more or less in line with the market.
BOOT is part of the Specialty Retail industry. There are 121 other stocks in this industry, BOOT did better than 51% of them.
BOOT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 169.25, a Stop Loss order could be placed below this zone.
More info and screens
97.17
192.80
When analyzing the support we can see 3 important areas.
- A support zone ranging from 167.32 to 169.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 161.99 to 163.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @98.15 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 180.09 to 182.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @190.89 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 | UP | POSITIVE | The long term trend for BOOT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BOOT is neutral. |
| ChartMill Relative Strength | 51.84 | NEUTRAL | BOOT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BOOT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BOOT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BOOT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.41 | NEUTRAL | The RSI value for BOOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.08 | NEGATIVE | The MACD value suggests BOOT has a negative trend. |
| Stochastics (14,3) | 26.78 | NEUTRAL | The Stochastics value for BOOT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for BOOT suggests some volalility. |
| Average Directional Index/ADX (14) | 31.81 | POSITIVE | The high ADX value value for BOOT 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)
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 |
|---|---|---|---|
| 182.59 | 170.99 | 11.60 (6.35%) | 15.74% |
| An entry @182.59. This is a Buy Stop order right above the resistance zone. | An exit @170.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 11.60 points, which is 6.35%. | For a 1.00% total portfolio risk, you can invest 15.74% of your capital in this trade. |
- 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.
176.07
-2.67 (-1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-1.49%
1 Week-0.4%
2 Weeks-3.56%
1 Month3.97%
3 Month7.24%
6 Month68.12%
12 Month4.92%
2 Year116.86%
3 Year201.18%
5 Year525.69%
10 Year855.35%
15 YearN/A
Volatility
ATR(14)7.17
ATR(20)%3.63%
ATR Inc-20.51%
Range Today7.47
ADR(20)6.17
ADR(20)%3.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.84
Mansfield0.8
10 Day High189.44
10 Day Low171
20 Day High191.31
20 Day Low169.08
52 Week High191.31
52 Week Low86.17
CS1 End169.25
CR1 Start180.09
Volume & EV
DER(3)1.49%
DER(5)0.19%
Volume863.80K
Volume Incr1.26%
Vol(5)496.72K
Vol(50)592.70K