BURLINGTON STORES INC (BURL) Stock Technical Analysis
NYSE:BURL - New York Stock Exchange, Inc. - US1220171060 - Common Stock - Currency: USD
Overall BURL gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BURL is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
BURL is one of the better performing stocks in the Specialty Retail industry, it outperforms 74% of 122 stocks in the same industry.
BURL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BURL is lagging the market slightly.
In the last month BURL has a been trading in the 228.46 - 280.32 range, which is quite wide. It is currently trading near the high of this range.
BURL has an average volume of 1090280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BURL is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although BURL has an excellent technical rating, it does not offer a high 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
217.16
282.20
We found 4 important support areas.
- A support zone ranging from 247.21 to 249.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @231.56 from a trend line in the weekly time frame.
- A support zone ranging from 223.17 to 227.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @219.35 from a horizontal line in the daily 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 BURL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BURL is up. |
| ChartMill Relative Strength | 77.03 | POSITIVE | BURL has a high relative strength, it outperformed 77.03% off all stocks 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) | UP | POSITIVE | The current price of BURL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BURL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.23 | OVERBOUGHT | The high RSI value suggests BURL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.82 | POSITIVE | The MACD value suggests BURL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.58 | OVERBOUGHT | The high Stochastics value suggests BURL may be overbought. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for BURL suggests some volalility. |
| Average Directional Index/ADX (14) | 32.65 | POSITIVE | The high ADX value value for BURL 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)
279.41
+2.61 (+0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.94%
1 Week5.28%
2 Weeks11.87%
1 Month21.97%
3 Month25.2%
6 Month-4.28%
12 Month11.93%
2 Year57.31%
3 Year97.98%
5 Year48.62%
10 Year407.65%
15 YearN/A
Volatility
ATR(14)6.32
ATR(20)%2.31%
ATR Inc-12.41%
Range Today5.43
ADR(20)6.35
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.03
Mansfield-0.1
10 Day High280.32
10 Day Low247.88
20 Day High280.32
20 Day Low228.46
52 Week High298.89
52 Week Low212.92
CS1 End249.76
CR1 StartN/A
Volume & EV
DER(3)4.27%
DER(5)2.37%
Volume671.90K
Volume Incr-16.25%
Vol(5)830.88K
Vol(50)1.09M