BANZAI INTERNATIONAL INC (BNZI) Technical Analysis
NASDAQ:BNZI • US06682J4076
Current stock price
BNZI Technical Rating and Analysis
Taking everything into account, BNZI scores 0 out of 10 in our technical rating. BNZI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 99% of all other stocks performed better in the past year than BNZI.
- BNZI is part of the Software industry. There are 275 other stocks in this industry, of which 87% are performing better than BNZI.
- BNZI 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 BNZI is lagging the market.
- In the last month BNZI has a been trading in the 0.55 - 1.09 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.
BNZI Weekly and Daily overview Charts
BNZI Setup Rating and Analysis
The technical rating of BNZI 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
BNZI Support and Resistance Analysis
0.59
3 important resistance areas can be observed.
- A resistance zone ranging from 0.86 to 0.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.91 from a trend line in the daily time frame.
- Resistance @1.39 from a horizontal line in the daily time frame.
BNZI Technical Indicator Signal Analysis
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 BNZI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BNZI is down. |
| ChartMill Relative Strength | 1.64 | NEGATIVE | BNZI has a low relative strength, it was outperformed by 98.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BNZI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BNZI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BNZI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.8 | OVERSOLD | The low RSI value suggests BNZI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BNZI has a negative trend. |
| Stochastics (14,3) | 6.74 | OVERSOLD | The low Stochastics value suggests BNZI may be oversold. |
| Average True Range in percent/ATR (20) | 13.69 | HIGH VOLATILITY | The high ATR as a percentage value for BNZI suggests high volalility. |
| Average Directional Index/ADX (14) | 27.27 | POSITIVE | The high ADX value value for BNZI suggests a strong trend. |
BNZI Chart- and CandleStick Pattern Analysis
BNZI Technicals: Chart, Performance Metrics, Trend & Indicators
0.6
+0.01 (+1.69%)
BANZAI INTERNATIONAL INC / BNZI TA FAQ
Can you provide the ChartMill technical rating for BANZAI INTERNATIONAL INC?
ChartMill assigns a technical rating of 0 / 10 to BNZI.
What is the current trend direction of BANZAI INTERNATIONAL INC (BNZI) stock?
The current trend direction for BANZAI INTERNATIONAL INC (BNZI) is Bearish.
Can you provide the RSI signal for BANZAI INTERNATIONAL INC?
BANZAI INTERNATIONAL INC (BNZI) has an RSI value of 26.7986. This indicates that the stock is currently oversold.
Can you provide the MACD signal for BANZAI INTERNATIONAL INC?
The MACD indicator for BANZAI INTERNATIONAL INC (BNZI) has a value of -0.0347058, indicating a bearish trend.
Can you provide the buy/sell signal for BANZAI INTERNATIONAL INC?
The buy/sell signal for BANZAI INTERNATIONAL INC (BNZI) is sell as both the short term and long term trends are negative.