BURFORD CAPITAL LTD (BUR)

GG00BMGYLN96 - Common Stock

15.84  -0.03 (-0.19%)

After market: 15.84 0 (0%)

Technical Rating and Analysis

8

Taking everything into account, BUR scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, BUR 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.
Looking at the yearly performance, BUR did better than 71% of all other stocks.
BUR has an average volume of 1021060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BUR is part of the Financial Services industry. There are 102 other stocks in this industry, BUR did better than 62% of them.
BUR 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 BUR is lagging the market slightly.
In the last month BUR has a been trading in the 14.49 - 16.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
BUR Weekly chart
BUR Daily chart
Setup Rating and Analysis

7

BUR 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.

Support and Resistance Analysis

11.83

16.58

When analyzing the support we can see 8 important areas.

  • A support zone ranging from 15.03 to 15.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @14.75 from a trend line in the weekly time frame.
  • Support @14.32 from a trend line in the daily time frame.
  • Support @14.01 from a horizontal line in the weekly time frame.
  • Support @13.73 from a horizontal line in the daily time frame.
  • Support @13.38 from a horizontal line in the daily time frame.
  • Support @12.90 from a trend line in the weekly time frame.
  • Support @11.95 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 15.91 to 15.98. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A resistance zone ranging from 16.35 to 16.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.21
Mansfield0.22
10 Day High16.03
10 Day Low14.63
20 Day High16.77
20 Day Low14.49
52 Week High17.7
52 Week Low11.78
Performance
1 Week2.92%
2 Weeks7.98%
1 Month1.21%
3 Month6.38%
6 Month19.73%
12 Month18.03%
2 Year79.39%
3 Year32%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)57.88
LBB14.57
UBB15.95
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.

ENTRYEXITDISTANCECAPITAL
15.9914.621.37 (8.57%)11.67%
An entry @15.99. This is a Buy Stop order right above the resistance zone.An exit @14.62. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.37 points, which is 8.57%.When investing 11.67% 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.
BUR Daily chart

BURFORD CAPITAL LTD

NYSE:BUR (5/3/2024, 7:04:00 PM)

After market: 15.84 0 (0%)

15.84

-0.03 (-0.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.19%
1 Week2.92%
2 Weeks7.98%
1 Month1.21%
3 Month6.38%
6 Month19.73%
12 Month18.03%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.38
ATR(20)%2.91%
ATR Inc
Range Today0.29
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High16.03
10 Day Low14.63
20 Day High16.77
20 Day Low14.49
52 Week High17.7
52 Week Low11.78
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume383.70K
Volume Incr-41.79%
Vol(5)752.24K
Vol(50)1.02M