BOOT BARN HOLDINGS INC (BOOT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BOOT - US0994061002 - Common Stock
We assign a technical rating of 4 out of 10 to BOOT. BOOT has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
BOOT has an average technical rating and the quality of the presented setup is also not ideal 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
95.39
5 important support areas can be observed.
- A support zone ranging from 186.22 to 189.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @178.46 from a trend line in the daily time frame.
- Support @171.85 from a trend line in the weekly time frame.
- A support zone ranging from 162.00 to 163.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @96.35 from a trend line in the weekly 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 | 79.21 | POSITIVE | BOOT has a high relative strength, it outperformed 79.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BOOT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BOOT is above a declining 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) | 50.8 | NEUTRAL | The RSI value for BOOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BOOT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.11 | NEUTRAL | The Stochastics value for BOOT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.17 | MEDIUM VOLATILITY | The ATR as a percentage value for BOOT suggests some volalility. |
| Average Directional Index/ADX (14) | 19.57 | NEGATIVE | The low ADX value for BOOT suggests a weak or negative trend. |
190.84
-5.14 (-2.62%)
BOOT BARN HOLDINGS INC / BOOT FAQ
What is the technical rating for BOOT stock?
ChartMill assigns a technical rating of 4 / 10 to BOOT.
What is the trend direction for BOOT stock?
The current trend direction for BOOT BARN HOLDINGS INC (BOOT) is Bullish.
What is the RSI signal for BOOT BARN HOLDINGS INC (BOOT) stock?
BOOT BARN HOLDINGS INC (BOOT) has an RSI value of 50.8027. This indicates that the stock is currently neutral.
What are the support and resistance levels for BOOT BARN HOLDINGS INC (BOOT) stock?
BOOT BARN HOLDINGS INC (BOOT) has a support level at 189.69. Check the full technical report for our detailed analysis of BOOT support and resistance levels.