BURLINGTON STORES INC (BURL) Stock Technical Analysis
USA - NYSE:BURL - US1220171060 - Common Stock
274.4 USD
-4.58 (-1.64%)
274.4 USD
0 (0%)
We assign a technical rating of 5 out of 10 to BURL. BURL has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month BURL has a been trading in the 251.14 - 282.91 range, which is quite wide. It is currently trading near the high of this range.
BURL has an average volume of 1000880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, BURL turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
BURL is part of the Specialty Retail industry. There are 120 other stocks in this industry, BURL did better than 57% of them.
BURL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BURL is lagging the market.
BURL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 292.00. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
217.16
296.65
4 important support areas can be observed.
- A support zone ranging from 263.24 to 266.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 252.62 to 257.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @238.40 from a trend line in the weekly time frame.
- Support @219.35 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 292.00 to 293.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BURL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BURL is up. |
| ChartMill Relative Strength | 58.6 | NEUTRAL | BURL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BURL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BURL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BURL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.64 | NEUTRAL | The RSI value for BURL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.61 | POSITIVE | The MACD value suggests BURL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.53 | OVERBOUGHT | The high Stochastics value suggests BURL may be overbought. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for BURL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.09 | NEGATIVE | The low ADX value for BURL suggests a weak or negative 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)
274.4
-4.58 (-1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-1.64%
1 Week5.35%
2 Weeks7.29%
1 Month3.59%
3 Month3.39%
6 Month21.16%
12 Month6.45%
2 Year126.72%
3 Year91.94%
5 Year41.75%
10 Year470.72%
15 YearN/A
Volatility
ATR(14)9.14
ATR(20)%3.04%
ATR Inc-2.01%
Range Today8.11
ADR(20)7.6
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.6
Mansfield-0.37
10 Day High282.91
10 Day Low253.25
20 Day High282.91
20 Day Low251.14
52 Week High309
52 Week Low212.92
CS1 End266.91
CR1 Start292
Volume & EV
DER(3)0.15%
DER(5)-0.22%
Volume593.00K
Volume Incr-0.63%
Vol(5)983.94K
Vol(50)1.00M