BURFORD CAPITAL LTD (BUR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BUR - GG00BMGYLN96 - Common Stock
Overall BUR gets a technical rating of 1 out of 10. BUR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BUR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.58. Right above this resistance zone may be a good entry point.
More info and screens
9.18
5 important resistance areas can be observed.
- A resistance zone ranging from 9.58 to 9.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.02 from a trend line in the weekly time frame.
- A resistance zone ranging from 13.97 to 14.04. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @14.43 from a horizontal line in the daily time frame.
- Resistance @15.97 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 | 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 | 11.96 | NEGATIVE | BUR has a low relative strength, it was outperformed by 88.04% off all stocks 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 | 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) | 49.03 | NEUTRAL | The RSI value for BUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests BUR has a positive trend. |
| Stochastics (14,3) | 51.55 | NEUTRAL | The Stochastics value for BUR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for BUR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.76 | NEUTRAL | The ADX value for BUR suggests a possible start of a new trend. |
9.27
+0.01 (+0.11%)
BURFORD CAPITAL LTD / BUR FAQ
Can you provide the ChartMill technical rating for BURFORD CAPITAL LTD?
ChartMill assigns a technical rating of 1 / 10 to BUR.
Can you provide the trend direction for BURFORD CAPITAL LTD?
The current trend direction for BURFORD CAPITAL LTD (BUR) is Bearish.
Can you provide the RSI signal for BURFORD CAPITAL LTD?
BURFORD CAPITAL LTD (BUR) has an RSI value of 49.0306. This indicates that the stock is currently neutral.
What is the short term momentum for BUR stock?
The short term momentum for BURFORD CAPITAL LTD (BUR) is negative.
What is the buy/sell signal for BUR stock?
The buy/sell signal for BURFORD CAPITAL LTD (BUR) is sell as both the short term and long term trends are negative.