Technical Analysis for BUR - Burford Capital Limited

Grade Last Price % Change Price Change
C 1190.00 -2.30% -28.00
BUR closed down 2.3 percent on Thursday, April 18, 2024, on approximately normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Calm After Storm Range Contraction -2.30%
NR7 Range Contraction -2.30%
Stochastic Reached Oversold Weakness -2.30%
Strong but Oversold Other -2.30%
Strong, Oversold and Reversal Signs Reversal -2.30%
Oversold Stochastic Weakness -2.30%
Crossed Above 50 DMA Bullish -0.34%
Fell Below 20 DMA Bearish 1.54%
Fell Below 50 DMA Bearish 1.54%

   Recent Intraday Alerts

Alert Time
Fell Below 50 DMA about 3 hours ago
Fell Below Previous Day's Low about 5 hours ago
Down 2% about 5 hours ago
Down 1% about 6 hours ago
Possible NR7 1 day 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 about 1 year 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 899.9487
Average Volume 237,102
200-Day Moving Average 1118.15
50-Day Moving Average 1191.86
20-Day Moving Average 1238.25
10-Day Moving Average 1249.10
Average True Range 50.25
RSI (14) 46.24
ADX 20.69
+DI 20.41
-DI 26.64
Chandelier Exit (Long, 3 ATRs) 1197.25
Chandelier Exit (Short, 3 ATRs) 1238.71
Upper Bollinger Bands 1335.81
Lower Bollinger Band 1140.69
Percent B (%b) 0.25
BandWidth 15.76
MACD Line 12.11
MACD Signal Line 22.43
MACD Histogram -10.3275
Fundamentals Value
Market Cap 2.61 Billion
Num Shares 219 Million
EPS 2.11
Price-to-Earnings (P/E) Ratio 563.98
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) 1265.00
Resistance 3 (R3) 1268.67 1247.33 1252.50
Resistance 2 (R2) 1247.33 1228.23 1245.50 1248.33
Resistance 1 (R1) 1218.67 1216.43 1208.00 1215.00 1244.17
Pivot Point 1197.33 1197.33 1192.00 1195.50 1197.33
Support 1 (S1) 1168.67 1178.23 1158.00 1165.00 1135.84
Support 2 (S2) 1147.33 1166.43 1145.50 1131.67
Support 3 (S3) 1118.67 1147.33 1127.50
Support 4 (S4) 1115.00