BURFORD CAPITAL LTD (BUR) Stock Technical Analysis
NYSE:BUR - New York Stock Exchange, Inc. - GG00BMGYLN96 - Common Stock - Currency: USD
Taking everything into account, BUR scores 5 out of 10 in our technical rating. In the last year, BUR was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, BUR is a bad performer in the overall market: 66% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
BUR has an average volume of 2114260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BUR is an average performer in the Financial Services industry, it outperforms 44% of 100 stocks in the same industry.
BUR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BUR is lagging the market.
In the last month BUR has a been trading in the 11.38 - 15.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, BUR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 13.88, a Stop Loss order could be placed below this zone.
More info and screens
13.09
16.07
We found 2 important support areas.
- A support zone ranging from 13.75 to 13.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.22 to 13.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 13.93 to 14.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @14.75 from a trend line in the daily time frame.
- Resistance @15.91 from a horizontal 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 BUR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BUR is up. |
| ChartMill Relative Strength | 34.26 | NEUTRAL | BUR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BUR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BUR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BUR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.02 | NEUTRAL | The RSI value for BUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BUR has a negative trend. |
| Stochastics (14,3) | 36.7 | NEUTRAL | The Stochastics value for BUR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.73 | MEDIUM VOLATILITY | The ATR as a percentage value for BUR suggests some volalility. |
| Average Directional Index/ADX (14) | 28.48 | POSITIVE | The high ADX value value for BUR 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)
13.89
-0.21 (-1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-1.49%
1 Week-3.54%
2 Weeks-4.8%
1 Month24.24%
3 Month1.54%
6 Month-0.64%
12 Month-1.07%
2 Year3.04%
3 Year30.3%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%4.73%
ATR Inc-51.32%
Range Today0.32
ADR(20)0.61
ADR(20)%4.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.26
Mansfield-0.56
10 Day High14.58
10 Day Low13.55
20 Day High15.1
20 Day Low11.38
52 Week High15.73
52 Week Low10.7
CS1 End13.88
CR1 Start13.93
Volume & EV
DER(3)2.12%
DER(5)0.81%
Volume1.33M
Volume Incr-59.58%
Vol(5)1.25M
Vol(50)2.11M