BIRKENSTOCK HOLDING PLC (BIRK)
JE00BS44BN30 - Common Stock
We assign a technical rating of 7 out of 10 to BIRK. BIRK has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
BIRK is part of the Textiles, Apparel & Luxury Goods industry. There are 50 other stocks in this industry. BIRK outperforms 71% of them.
BIRK 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.
BIRK has an average volume of 1310060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BIRK did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
BIRK 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 BIRK is lagging the market slightly.
BIRK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 57.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 56.28, a Stop Loss order could be placed below this zone.
More info and screens
44.04
60.47
4 important support areas can be observed.
- A support zone ranging from 56.28 to 56.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.45 from a trend line in the weekly time frame.
- A support zone ranging from 45.37 to 45.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.48 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 57.01 to 57.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 59.65 to 59.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.38
Mansfield0.36
10 Day High58.71
10 Day Low55.02
20 Day High62.45
20 Day Low53.1
52 Week High64.78
52 Week Low41
Performance
1 Week-1.88%
2 Weeks-4.47%
1 Month5.39%
3 Month9.08%
6 Month4.01%
12 Month21.93%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.51
RSI(14)53.06
LBB55.11
UBB60.59
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 |
|---|---|---|---|
| 57.61 | 56.27 | 1.34 (2.33%) | 25.00% |
| An entry @57.61. This is a Buy Stop order right above the resistance zone. | An exit @56.27. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.34 points, which is 2.33%. | For a 0.58% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BIRK. 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.
BIRKENSTOCK HOLDING PLC
NYSE:BIRK (1/14/2025, 7:00:00 PM)
After market: 56.48 0 (0%)56.48
-0.18 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.32%
1 Week-1.88%
2 Weeks-4.47%
1 Month5.39%
3 Month9.08%
6 Month4.01%
12 Month21.93%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.72
ATR(20)%3.81%
ATR Inc2.57%
Range Today2.12
ADR(20)2.09
ADR(20)%3.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.38
Mansfield0.36
10 Day High58.71
10 Day Low55.02
20 Day High62.45
20 Day Low53.1
52 Week High64.78
52 Week Low41
CS1 End56.28
CR1 Start57.01
Volume & EV
DER(3)1.3%
DER(5)1.54%
Volume1.13M
Volume Incr-30.5%
Vol(5)1.20M
Vol(50)1.31M