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. Although BURL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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 71% of 122 stocks in the same industry.
BURL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
BURL has an average volume of 1099760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BURL did better than 72% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
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.
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
298.46
We found 5 important support areas.
- A support zone ranging from 272.95 to 273.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @232.79 from a trend line in the weekly time frame.
- A support zone ranging from 227.56 to 227.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @223.17 from a horizontal line in the weekly time frame.
- Support @219.35 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 291.66 to 295.50. 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 | 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 | 72.71 | POSITIVE | BURL has a high relative strength, it outperformed 72.71% 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) | 59.53 | NEUTRAL | The RSI value for BURL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BURL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.48 | NEUTRAL | The Stochastics value for BURL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for BURL suggests some volalility. |
| Average Directional Index/ADX (14) | 36.07 | 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)
273.18
+0.22 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.08%
1 Week-2.23%
2 Weeks2.93%
1 Month10.42%
3 Month15.75%
6 Month-3.79%
12 Month9.34%
2 Year68.36%
3 Year94.86%
5 Year38.72%
10 Year414.56%
15 YearN/A
Volatility
ATR(14)7.18
ATR(20)%2.47%
ATR Inc36.58%
Range Today9.38
ADR(20)6.57
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.71
Mansfield-0.07
10 Day High288.59
10 Day Low263.95
20 Day High288.59
20 Day Low246.57
52 Week High298.89
52 Week Low212.92
CS1 End273.17
CR1 Start291.66
Volume & EV
DER(3)5.34%
DER(5)4.17%
Volume1.05M
Volume Incr4.88%
Vol(5)989.84K
Vol(50)1.10M