BOOT BARN HOLDINGS INC (BOOT) Technical Analysis
NYSE:BOOT • US0994061002
Current stock price
BOOT Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to BOOT. BOOT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month BOOT has a been trading in the 133.18 - 180.62 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- When compared to the yearly performance of all other stocks, BOOT outperforms 49% of them, which is more or less in line with the market.
- BOOT is an average performer in the Specialty Retail industry, it outperforms 63% of 123 stocks in the same industry.
- BOOT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BOOT is lagging the market slightly.
BOOT Weekly and Daily overview Charts
BOOT Setup Rating and Analysis
The technical rating of BOOT is bad and it also does not present a quality setup 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
BOOT Support and Resistance Analysis
133.81
We found 1 important resistance area.
- A resistance zone ranging from 202.07 to 207.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
BOOT 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 | DOWN | NEGATIVE | The long term trend for BOOT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BOOT is down. |
| ChartMill Relative Strength | 49.36 | NEUTRAL | BOOT is not amongst the best or worst performers 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 | NEGATIVE | The current price of BOOT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BOOT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.11 | OVERSOLD | The low RSI value suggests BOOT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.57 | NEGATIVE | The MACD value suggests BOOT has a negative trend. |
| Stochastics (14,3) | 17.42 | OVERSOLD | The low Stochastics value suggests BOOT may be oversold. |
| Average True Range in percent/ATR (20) | 6.2 | HIGH VOLATILITY | The high ATR as a percentage value for BOOT suggests high volalility. |
| Average Directional Index/ADX (14) | 37.39 | POSITIVE | The high ADX value value for BOOT suggests a strong trend. |
BOOT Chart- and CandleStick Pattern Analysis
BOOT Technicals: Chart, Performance Metrics, Trend & Indicators
135.16
-8.35 (-5.82%)
BOOT BARN HOLDINGS INC / BOOT TA FAQ
What is the technical rating for BOOT stock?
ChartMill assigns a technical rating of 1 / 10 to BOOT.
What is the trend direction for BOOT stock?
The current trend direction for BOOT BARN HOLDINGS INC (BOOT) is Bearish.
Can you provide the RSI signal for BOOT BARN HOLDINGS INC?
BOOT BARN HOLDINGS INC (BOOT) has an RSI value of 26.1084. This indicates that the stock is currently oversold.
What is the short term momentum for BOOT stock?
The short term momentum for BOOT BARN HOLDINGS INC (BOOT) is negative.
What is the buy/sell signal for BOOT stock?
The buy/sell signal for BOOT BARN HOLDINGS INC (BOOT) is sell as both the short term and long term trends are negative.