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 0 out of 10 in our technical rating. 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.
79% of all other stocks performed better in the past year than BUR.
BUR is one of the lesser performing stocks in the Financial Services industry. 69% of 101 stocks in the same industry do better.
In the last month BUR has a been trading in the 12.35 - 15.10 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.
BUR has an average volume of 2115880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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.
Considerably lower volume is observed in the last couple of days.
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
12.31
16.07
We can see 4 important resistance areas.
- A resistance zone ranging from 13.12 to 13.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.87 to 14.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.69 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 | NEUTRAL | NEUTRAL | The long term trend for BUR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BUR is down. |
| ChartMill Relative Strength | 21.67 | NEGATIVE | BUR has a low relative strength, it was outperformed by 78.33% 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) | 37.5 | NEUTRAL | The RSI value for BUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests BUR has a negative trend. |
| Stochastics (14,3) | 5.61 | OVERSOLD | The low Stochastics value suggests BUR may be oversold. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for BUR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.1 | NEUTRAL | The ADX value for BUR suggests a possible start of a new 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)
12.43
-0.42 (-3.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-3.27%
1 Week-9.8%
2 Weeks-11.4%
1 Month-11.84%
3 Month-11.02%
6 Month-11.47%
12 Month-4.82%
2 Year-9.73%
3 Year33.08%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%3.45%
ATR Inc-9.54%
Range Today0.37
ADR(20)0.41
ADR(20)%3.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.67
Mansfield-1.34
10 Day High14.23
10 Day Low12.35
20 Day High15.1
20 Day Low12.35
52 Week High15.73
52 Week Low10.7
CS1 EndN/A
CR1 Start13.12
Volume & EV
DER(3)-7.84%
DER(5)-5.98%
Volume1.81M
Volume Incr-54.5%
Vol(5)1.30M
Vol(50)2.12M