Taking everything into account, BNZI scores 1 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, BNZI is a bad performer in the overall market: 99% of all stocks are doing better.
- BNZI is part of the Software industry. There are 276 other stocks in this industry, of which 86% 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.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- In the last month BNZI has a been trading in the 0.92 - 1.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of BNZI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.41
We found 1 important resistance area.
- A resistance zone ranging from 1.50 to 1.54. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for BNZI is neutral. |
| ChartMill Relative Strength | 1.87 | NEGATIVE | BNZI has a low relative strength, it was outperformed by 98.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BNZI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BNZI is above 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) | 51.21 | NEUTRAL | The RSI value for BNZI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BNZI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.88 | NEUTRAL | The Stochastics value for BNZI is a neutral value. |
| Average True Range in percent/ATR (20) | 13.74 | HIGH VOLATILITY | The high ATR as a percentage value for BNZI suggests high volalility. |
| Average Directional Index/ADX (14) | 19.82 | NEGATIVE | The low ADX value for BNZI suggests a weak or negative trend. |
1.42
-0.09 (-5.96%)
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 51.2087. 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 0.0310326, 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 neutral.