BURFORD CAPITAL LTD (BUR) Technical Analysis
NYSE:BUR • GG00BMGYLN96
Current stock price
BUR Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to BUR. BUR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, BUR is a bad performer in the overall market: 97% of all stocks are doing better.
- BUR is one of the lesser performing stocks in the Financial Services industry. 90% of 100 stocks in the same industry do better.
- BUR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BUR is lagging the market.
- In the last month BUR has a been trading in the 3.59 - 8.56 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.
- BUR has an average volume of 3387830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BUR Weekly and Daily overview Charts
BUR Setup Rating and Analysis
The technical rating of BUR is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
BUR Support and Resistance Analysis
4.47
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.60 to 8.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @9.87 from a horizontal line in the daily time frame.
BUR 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 BUR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BUR is down. |
| ChartMill Relative Strength | 3.97 | NEGATIVE | BUR has a low relative strength, it was outperformed by 96.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BUR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BUR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BUR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 22.7 | OVERSOLD | The low RSI value suggests BUR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests BUR has a negative trend. |
| Stochastics (14,3) | 13.01 | OVERSOLD | The low Stochastics value suggests BUR may be oversold. |
| Average True Range in percent/ATR (20) | 12.39 | HIGH VOLATILITY | The high ATR as a percentage value for BUR suggests high volalility. |
| Average Directional Index/ADX (14) | 31 | POSITIVE | The high ADX value value for BUR suggests a strong trend. |
BUR Chart- and CandleStick Pattern Analysis
BUR Technicals: Chart, Performance Metrics, Trend & Indicators
4.52
+0.49 (+12.16%)
BURFORD CAPITAL LTD / BUR TA FAQ
Can you provide the ChartMill technical rating for BURFORD CAPITAL LTD?
ChartMill assigns a technical rating of 0 / 10 to BUR.
What is the current trend direction of BURFORD CAPITAL LTD (BUR) stock?
The current trend direction for BURFORD CAPITAL LTD (BUR) is Bearish.
What is the RSI signal for BUR stock?
BURFORD CAPITAL LTD (BUR) has an RSI value of 22.6959. This indicates that the stock is currently oversold.
What is the MACD signal for BUR stock?
The MACD indicator for BURFORD CAPITAL LTD (BUR) has a value of -0.387745, indicating a bearish trend.
What is the short term momentum for BURFORD CAPITAL LTD (BUR) stock?
The short term momentum for BURFORD CAPITAL LTD (BUR) is negative.