BURLINGTON STORES INC (BURL) Stock Technical Analysis
NYSE:BURL - US1220171060 - Common Stock
280.3 USD
+1.25 (+0.45%)
280 USD
-0.3 (-0.11%)
We assign a technical rating of 7 out of 10 to BURL. 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.
The long and short term trends are both positive. This is looking good!
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.
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.
Looking at the yearly performance, BURL did better than 73% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
BURL is part of the Specialty Retail industry. There are 123 other stocks in this industry, BURL did better than 60% of them.
Besides having an excellent technical rating, BURL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 272.96, a Stop Loss order could be placed below this zone. 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
298.46
5 important support areas can be observed.
- A support zone ranging from 270.43 to 272.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @237.75 from a trend line in the weekly time frame.
- Support @230.59 from a trend line 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 can see 2 important resistance areas.
- Resistance @280.61 from a trend line in the daily time frame.
- 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 | 73.08 | POSITIVE | BURL has a high relative strength, it outperformed 73.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BURL is above a declining 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) | 56.63 | NEUTRAL | The RSI value for BURL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.04 | NEGATIVE | The MACD value suggests BURL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.07 | NEUTRAL | The Stochastics value for BURL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for BURL suggests some volalility. |
| Average Directional Index/ADX (14) | 29.58 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 280.62 | 272.43 | 8.19 (2.92%) | 25.00% |
| An entry @280.62. This is a Buy Stop order right above the resistance zone. | An exit @272.43. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 8.19 points, which is 2.92%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.73%. |
- The distance between exit and entry is rather small compared to the average daily movement of BURL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
280.3
+1.25 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.45%
1 Week1.08%
2 Weeks-2.45%
1 Month-0.2%
3 Month22.79%
6 Month12.42%
12 Month4.5%
2 Year72.75%
3 Year99.94%
5 Year42.33%
10 Year427.97%
15 YearN/A
Volatility
ATR(14)6.67
ATR(20)%2.55%
ATR Inc-45.81%
Range Today4.5
ADR(20)6.63
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.08
Mansfield-0.13
10 Day High286.98
10 Day Low272.44
20 Day High287.36
20 Day Low263.95
52 Week High298.89
52 Week Low212.92
CS1 End272.96
CR1 Start280.61
Volume & EV
DER(3)0.38%
DER(5)-0.04%
Volume1.24M
Volume Incr-0.67%
Vol(5)888.67K
Vol(50)930.07K