BURLINGTON STORES INC (BURL) Stock Technical Analysis
NYSE:BURL - New York Stock Exchange, Inc. - US1220171060 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to BURL. BURL has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
BURL has an average volume of 1354940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, BURL outperforms 66% of them, which is more or less in line with the market.
BURL is an average performer in the Specialty Retail industry, it outperforms 65% of 120 stocks in the same industry.
BURL 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 BURL is lagging the market slightly.
In the last month BURL has a been trading in the 223.27 - 272.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BURL has an average technical rating and the quality of the presented setup is also not ideal 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
213.61
281.78
4 important support areas can be observed.
- A support zone ranging from 238.03 to 242.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 231.04 to 232.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @223.16 from a horizontal line in the weekly time frame.
- Support @215.77 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 264.39 to 270.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @278.99 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 | 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 | 66.68 | NEUTRAL | BURL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BURL is below 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) | DOWN | NEGATIVE | The current price of BURL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.04 | NEUTRAL | The RSI value for BURL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.6 | NEGATIVE | The MACD value suggests BURL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.23 | NEUTRAL | The Stochastics value for BURL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for BURL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.36 | 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)
246.94
+0.92 (+0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.37%
1 Week6.05%
2 Weeks5.2%
1 Month3.19%
3 Month8.06%
6 Month-14.84%
12 Month8.3%
2 Year56.9%
3 Year81.27%
5 Year25.39%
10 Year382.31%
15 YearN/A
Volatility
ATR(14)10.22
ATR(20)%4.04%
ATR Inc-40.72%
Range Today4.96
ADR(20)8.41
ADR(20)%3.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.68
Mansfield-0.82
10 Day High259.16
10 Day Low223.27
20 Day High272.08
20 Day Low223.27
52 Week High298.89
52 Week Low212.92
CS1 End242.56
CR1 Start264.39
Volume & EV
DER(3)0.16%
DER(5)-1.59%
Volume1.16M
Volume Incr-25.37%
Vol(5)1.01M
Vol(50)1.35M