BANZAI INTERNATIONAL INC (BNZI) Stock Technical Analysis
NASDAQ:BNZI • US06682J4076
Taking everything into account, BNZI scores 1 out of 10 in our technical rating. BNZI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, BNZI is a bad performer in the overall market: 96% of all stocks are doing better.
- BNZI is part of the Software industry. There are 274 other stocks in this industry, of which 79% are performing better than BNZI.
- BNZI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month BNZI has a been trading in the 1.00 - 1.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BNZI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.10, a Stop Loss order could be placed below this zone.
More info and screens
1.09
We found 1 important support area.
- Support @1.10 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @1.19 from a trend line in the daily time frame.
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 | 4.79 | NEGATIVE | BNZI has a low relative strength, it was outperformed by 95.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BNZI is below the rising 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) | 47.11 | NEUTRAL | The RSI value for BNZI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BNZI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.67 | NEUTRAL | The Stochastics value for BNZI is a neutral value. |
| Average True Range in percent/ATR (20) | 11.86 | HIGH VOLATILITY | The high ATR as a percentage value for BNZI suggests high volalility. |
| Average Directional Index/ADX (14) | 15.34 | NEGATIVE | The low ADX value for BNZI suggests a weak or negative trend. |
1.18
+0.08 (+7.27%)
BANZAI INTERNATIONAL INC / BNZI FAQ
Can you provide the ChartMill technical rating for BANZAI INTERNATIONAL INC?
ChartMill assigns a technical rating of 1 / 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.
What is the RSI signal for BANZAI INTERNATIONAL INC (BNZI) stock?
BANZAI INTERNATIONAL INC (BNZI) has an RSI value of 47.1121. 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 -0.00631104, indicating a bearish trend.
What is the short term momentum for BANZAI INTERNATIONAL INC (BNZI) stock?
The short term momentum for BANZAI INTERNATIONAL INC (BNZI) is negative.