ANZU SPECIAL ACQUISITION COR (ANZUU) Stock Technical Analysis
NASDAQ:ANZUU - Nasdaq - US03737A2006 - Currency: USD
Taking everything into account, ANZUU scores 0 out of 10 in our technical rating. ANZUU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, ANZUU is a bad performer in the overall market: 85% of all stocks are doing better.
ANZUU is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ANZUU is lagging the market.
In the last month ANZUU has a been trading in the 5.24 - 12.30 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: ANZUU has an average volume of 1380 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
The technical rating of ANZUU is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.02
10.22
We found 1 important resistance area.
- A resistance zone ranging from 9.75 to 10.12. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for ANZUU is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ANZUU is down. |
| ChartMill Relative Strength | 15.94 | NEGATIVE | ANZUU has a low relative strength, it was outperformed by 84.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ANZUU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ANZUU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ANZUU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.94 | OVERSOLD | The low RSI value suggests ANZUU may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests ANZUU has a negative trend. |
| Stochastics (14,3) | 8.79 | OVERSOLD | The low Stochastics value suggests ANZUU may be oversold. |
| Average True Range in percent/ATR (20) | 7.46 | HIGH VOLATILITY | The high ATR as a percentage value for ANZUU suggests high volalility. |
| Average Directional Index/ADX (14) | 61.55 | POSITIVE | The high ADX value value for ANZUU 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)
NASDAQ:ANZUU (9/29/2023, 8:17:40 PM)
7.09
+0.49 (+7.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.42%
1 Week-31.7%
2 Weeks-33.55%
1 Month-30.9%
3 Month-30.15%
6 Month-29.45%
12 Month-28.38%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%7.46%
ATR Inc471.41%
Range Today1.87
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.94
Mansfield-3.26
10 Day High12.3
10 Day Low5.24
20 Day High12.3
20 Day Low5.24
52 Week High12.3
52 Week Low5.24
CS1 EndN/A
CR1 Start9.75
Volume & EV
DER(3)-23.5%
DER(5)-19.37%
Volume3.40K
Volume Incr159.29%
Vol(5)3.28K
Vol(50)1.38K