Birkenstock Holding plc (BIRK)

Birkenstock Holding plc is trading at $33.68, up 4.21% on the session. The 50 day average sits at $34.00 and the 200 day at $38.62, which puts the stock in a downtrend. RSI is at 45.6, which reads as neutral, and MACD is bullish crossover. Volume is volume spike.

The nearest support is around $32.27 with resistance near $33.86, so that band frames the current range. Average daily movement is roughly $1.28, or about 3.8% of the share price, which is what any stop placement has to allow for. The overall health score of 42 out of 100 combines a trend score of 0, momentum of 78 and a risk score of 58.

Birkenstock Holding plc engages in the manufacture and sale of footwear products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers footbed-based products, including sandals and closed-toe shoes; and skincare products and accessories. The company sells its products through e-commerce sites and a network of owned retail stores, as well as business-to-business channels. The company was formerly known as Birkenstock Group Limited. Birkenstock Holding plc was founded in 1774 and is based in London, the United Kingdom. Birkenstock Holding plc operates as a subsidiary of BK LC Lux MidCo S.à r.l.