Technical Analysis for BUR - Burford Capital Limited

Grade Last Price % Change Price Change
C 1243.00 -0.72% -9.00
BUR closed down 0.72 percent on Thursday, March 28, 2024, on 1.45 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Cup with Handle Other 0.00%
Upper Bollinger Band Walk Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
NR7 Range Contraction -0.72%
Above Upper BB Strength -0.72%
Overbought Stochastic Strength -0.72%
Upper Bollinger Band Touch Strength -0.72%
180 Bullish Setup Bullish Swing Setup 0.57%

   Recent Intraday Alerts

Alert Time
Fell Below Upper Bollinger Band about 15 hours ago
Possible NR7 about 16 hours ago
1.5x Volume Pace about 21 hours ago
Rose Above Previous Day's High about 22 hours ago
Up 2% about 22 hours ago

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Profile

Burford Capital Limited Description

Burford Capital Limited is a global finance company. The Company provides a range of investment capital, financing and risk solutions. Its segments are provision of litigation investment, including reflecting litigation and arbitration-related investment activities anywhere in the world; provision of litigation insurance reflecting the United Kingdom and Channel Islands litigation insurance activities, and exploration of new initiatives related to application of capital to the litigation and arbitration sector. Its businesses include litigation finance, insurance and risk transfer, law firm lending, corporate intelligence and judgment enforcement, and a range of investment activities. Its litigation finance serves as an accounting tool, allowing businesses to litigate claims without impacting corporate balance sheets. Its litigation finance helps law firms work with their clients by providing financing for specific cases or by managing risk across a portfolio of cases.


Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Insurance Cement Service Industries Law Law Firms Balance Sheet Law Firm Practice Of Law Risk Solutions Insurance Activities Lawsuits Legal Costs Legal Financing Litigation Funding

Is BUR a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Comments

M

Magneto296 12 months ago

Bollinger bands going in opposite directions, indicative of explosive upward price movement. As long as the bottom band is falling , the upward price momentum should continue. Profit taking is important, should the lower band turn up, because it signals a retracement, not necessarily the end of the trend. Trend can eventually resume, when the direction of the lower band is not important , unless it turns down again, in which case more explosive movement, would be the case and resume profit taking , if and when the lower band turns up. 

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Indicators

Indicator Value
52 Week High 1387.9208
52 Week Low 845.8084
Average Volume 209,140
200-Day Moving Average 1099.73
50-Day Moving Average 1171.54
20-Day Moving Average 1154.15
10-Day Moving Average 1188.10
Average True Range 44.42
RSI (14) 62.83
ADX 19.37
+DI 28.03
-DI 10.96
Chandelier Exit (Long, 3 ATRs) 1149.74
Chandelier Exit (Short, 3 ATRs) 1198.87
Upper Bollinger Bands 1256.86
Lower Bollinger Band 1051.44
Percent B (%b) 0.93
BandWidth 17.80
MACD Line 17.13
MACD Signal Line 2.20
MACD Histogram 14.9246
Fundamentals Value
Market Cap 2.72 Billion
Num Shares 219 Million
EPS 2.11
Price-to-Earnings (P/E) Ratio 589.10
Price-to-Sales 25.83
Price-to-Book 1.41
PEG Ratio 0.00
Dividend 0.19
Dividend Yield 0.02%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1303.00
Resistance 3 (R3) 1309.67 1296.33 1293.00
Resistance 2 (R2) 1296.33 1281.05 1293.00 1289.66
Resistance 1 (R1) 1269.67 1271.61 1263.00 1263.00 1286.33
Pivot Point 1256.33 1256.33 1253.00 1253.00 1256.33
Support 1 (S1) 1229.67 1241.05 1223.00 1223.00 1199.67
Support 2 (S2) 1216.33 1231.61 1213.00 1196.34
Support 3 (S3) 1189.67 1216.33 1193.00
Support 4 (S4) 1183.00