BOOT BARN HOLDINGS INC (BOOT) Stock Technical Analysis
NYSE:BOOT - US0994061002 - Common Stock
184.32 USD
+0.45 (+0.24%)
184.32 USD
0 (0%)
We assign a technical rating of 8 out of 10 to BOOT. 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.
Both the short term and long term trends are positive. This is a very positive sign.
BOOT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BOOT has a been trading in the 160.99 - 191.31 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that BOOT is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
BOOT is an average performer in the Specialty Retail industry, it outperforms 66% of 123 stocks in the same industry.
BOOT has an excellent technical rating, but the quality of the setup is 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
160.37
186.16
3 important support areas can be observed.
- A support zone ranging from 174.51 to 180.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 166.26 to 171.00. 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.
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 | UP | POSITIVE | The short term trend for BOOT is up. |
| ChartMill Relative Strength | 77.97 | POSITIVE | BOOT has a high relative strength, it outperformed 77.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BOOT is above 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) | 60.54 | NEUTRAL | The RSI value for BOOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.13 | POSITIVE | The MACD value suggests BOOT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.17 | NEUTRAL | The Stochastics value for BOOT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for BOOT suggests some volalility. |
| Average Directional Index/ADX (14) | 39.61 | 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 |
|---|---|---|---|
| 191.32 | 174.50 | 16.82 (8.79%) | 11.37% |
| An entry @191.32. This is a Buy Stop order right above the 10 day high. | An exit @174.50. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 16.82 points, which is 8.79%. | For a 1.00% total portfolio risk, you can invest 11.37% 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.
184.32
+0.45 (+0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.24%
1 Week1.35%
2 Weeks6.63%
1 Month11.63%
3 Month17.2%
6 Month81.04%
12 Month19.26%
2 Year127.02%
3 Year215.29%
5 Year555.01%
10 Year900.11%
15 YearN/A
Volatility
ATR(14)5.79
ATR(20)%3.33%
ATR Inc-30.21%
Range Today3.85
ADR(20)5.95
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.97
Mansfield1.5
10 Day High191.31
10 Day Low170.34
20 Day High191.31
20 Day Low160.99
52 Week High191.31
52 Week Low86.17
CS1 End180.85
CR1 StartN/A
Volume & EV
DER(3)1.17%
DER(5)1.59%
Volume346.20K
Volume Incr-17.32%
Vol(5)420.10K
Vol(50)616.92K