NASDAQ:BLMZ - Nasdaq - KYG1180K1168 - Common Stock - Currency: USD
Overall BLMZ gets a technical rating of 1 out of 10. BLMZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BLMZ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.18. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for BLMZ in the last couple of days, which is a good sign.
0.16
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for BLMZ is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BLMZ is neutral. |
ChartMill Relative Strength | 0 | NEGATIVE | BLMZ has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLMZ is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BLMZ is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLMZ is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 51.64 | NEUTRAL | The RSI value for BLMZ is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BLMZ has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 23.27 | NEUTRAL | The Stochastics value for BLMZ is a neutral value. |
Average True Range in percent/ATR (20) | 28.19 | HIGH VOLATILITY | The high ATR as a percentage value for BLMZ suggests high volalility. |
Average Directional Index/ADX (14) | 37.99 | POSITIVE | The high ADX value value for BLMZ suggests a strong trend. |
0.168
+0.01 (+3.7%)