Taking everything into account, BNZIW scores 3 out of 10 in our technical rating. Although BNZIW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BNZIW has a poor technical rating and the quality of the setup is also not perfect 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.
0.02
We found 1 important support 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 | NEUTRAL | NEUTRAL | The long term trend for BNZIW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BNZIW is down. |
| ChartMill Relative Strength | 87.97 | POSITIVE | BNZIW has a high relative strength, it outperformed 87.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BNZIW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BNZIW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BNZIW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.26 | NEUTRAL | The RSI value for BNZIW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BNZIW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 22.37 | NEUTRAL | The Stochastics value for BNZIW is a neutral value. |
| Average True Range in percent/ATR (20) | 16.62 | HIGH VOLATILITY | The high ATR as a percentage value for BNZIW suggests high volalility. |
| Average Directional Index/ADX (14) | 28.82 | POSITIVE | The high ADX value value for BNZIW suggests a strong trend. |
0.0167
+0 (+2.45%)
ChartMill assigns a technical rating of 3 / 10 to BNZIW.
The current trend direction for 7GC & CO HOLDINGS CL A -CW26 (BNZIW) is Bearish.
7GC & CO HOLDINGS CL A -CW26 (BNZIW) has an RSI value of 46.2623. This indicates that the stock is currently neutral.
The MACD indicator for 7GC & CO HOLDINGS CL A -CW26 (BNZIW) has a value of 0.000264148, indicating a bearish trend.
The short term momentum for 7GC & CO HOLDINGS CL A -CW26 (BNZIW) is negative.