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.
BNZI 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 very little resistance above the current price.
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When analyzing the resistance we notice 3 important areas.
- Resistance @1.39 from a horizontal line in the daily time frame.
- Resistance @2.02 from a trend line in the daily time frame.
- A resistance zone ranging from 2.10 to 2.10. 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 | 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 | 1.45 | NEGATIVE | BNZI has a low relative strength, it was outperformed by 98.55% 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) | 38.19 | NEUTRAL | The RSI value for BNZI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BNZI has a positive trend. |
| Stochastics (14,3) | 26.92 | NEUTRAL | The Stochastics value for BNZI is a neutral value. |
| Average True Range in percent/ATR (20) | 12.26 | HIGH VOLATILITY | The high ATR as a percentage value for BNZI suggests high volalility. |
| Average Directional Index/ADX (14) | 16.02 | NEGATIVE | The low ADX value for BNZI suggests a weak or negative trend. |
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+0.06 (+4.96%)
BANZAI INTERNATIONAL INC / BNZI 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 trend direction for BNZI stock?
The current trend direction for BANZAI INTERNATIONAL INC (BNZI) is Bearish.
What is the RSI signal for BANZAI INTERNATIONAL INC (BNZI) stock?
BANZAI INTERNATIONAL INC (BNZI) has an RSI value of 38.1857. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BANZAI INTERNATIONAL INC?
The MACD indicator for BANZAI INTERNATIONAL INC (BNZI) has a value of 0.0436993, indicating a bearish trend.
What is the buy/sell signal for BNZI stock?
The buy/sell signal for BANZAI INTERNATIONAL INC (BNZI) is sell as both the short term and long term trends are negative.