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 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.
82% of all other stocks performed better in the past year than BUR.
BUR is part of the Financial Services industry. There are 100 other stocks in this industry, of which 75% are performing better than BUR.
BUR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
BUR has an average volume of 1375650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BUR has a been trading in the 10.70 - 13.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher 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. 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.
More info and screens
11.57
16.07
We can see 4 important resistance areas.
- A resistance zone ranging from 12.26 to 12.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 13.34 to 13.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.76 to 14.11. This zone is formed by a combination of multiple trend lines 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 | 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 | 18.43 | NEGATIVE | BUR has a low relative strength, it was outperformed by 81.57% 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) | 40.12 | NEUTRAL | The RSI value for BUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BUR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.51 | NEUTRAL | The Stochastics value for BUR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for BUR suggests some volalility. |
| Average Directional Index/ADX (14) | 28.47 | 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)
11.69
+0.1 (+0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.86%
1 Week5.98%
2 Weeks-9.1%
1 Month-10.22%
3 Month-13.21%
6 Month-8.1%
12 Month-10.42%
2 Year-4.02%
3 Year15.86%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%3.43%
ATR Inc7.33%
Range Today0.4
ADR(20)0.34
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.43
Mansfield-1.86
10 Day High12.72
10 Day Low10.7
20 Day High13.5
20 Day Low10.7
52 Week High15.73
52 Week Low10.7
CS1 EndN/A
CR1 Start12.26
Volume & EV
DER(3)-2.18%
DER(5)-0.14%
Volume5.54M
Volume Incr33.19%
Vol(5)2.32M
Vol(50)1.38M