BURLINGTON STORES INC (BURL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BURL - US1220171060 - Common Stock
Overall BURL gets a technical rating of 3 out of 10. In the past year, BURL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of BURL 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.
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239.96
3 important support areas can be observed.
- A support zone ranging from 268.94 to 271.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @252.22 from a horizontal line in the weekly time frame.
- A support zone ranging from 242.38 to 243.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @272.96 from a horizontal line in the daily time frame.
- Resistance @296.52 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 301.35 to 301.36. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for BURL is neutral. |
| ChartMill Relative Strength | 28.91 | NEGATIVE | BURL has a low relative strength, it was outperformed by 71.09% 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) | 52.26 | NEUTRAL | The RSI value for BURL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.58 | NEGATIVE | The MACD value suggests BURL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.46 | NEUTRAL | The Stochastics value for BURL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.33 | MEDIUM VOLATILITY | The ATR as a percentage value for BURL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.72 | NEGATIVE | The low ADX value for BURL suggests a weak or negative trend. |
271.78
+14.91 (+5.8%)
BURLINGTON STORES INC / BURL FAQ
What is the technical rating for BURL stock?
ChartMill assigns a technical rating of 3 / 10 to BURL.
What is the current trend direction of BURLINGTON STORES INC (BURL) stock?
The current trend direction for BURLINGTON STORES INC (BURL) is Bearish.
What is the RSI signal for BURL stock?
BURLINGTON STORES INC (BURL) has an RSI value of 52.2576. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BURLINGTON STORES INC?
The MACD indicator for BURLINGTON STORES INC (BURL) has a value of -1.57991, indicating a bearish trend.
What are the support and resistance levels for BURLINGTON STORES INC (BURL) stock?
BURLINGTON STORES INC (BURL) has a support level at 271.42 and a resistance level at 272.96. Check the full technical report for our detailed analysis of BURL support and resistance levels.