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BREEZE HOLDINGS ACQUISITION (BREZ) Stock Technical Analysis

NASDAQ:BREZ - US1067621078 - Common Stock

11.39 USD
-0.06 (-0.48%)
Last: 5/28/2024, 8:04:42 PM
11.36 USD
-0.03 (-0.26%)
After Hours: 5/28/2024, 8:04:42 PM
Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to BREZ. BREZ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Warning: BREZ has an average volume of 5738 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, BREZ outperforms 51% of them, which is more or less in line with the market.
BREZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BREZ is lagging the market.
In the last month BREZ has a been trading in a tight range between 11.35 and 11.80.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
BREEZE HOLDINGS ACQUISITION / BREZ Weekly stock chart
BREEZE HOLDINGS ACQUISITION / BREZ Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is bad, BREZ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 11.22, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

10.52

12.01

3 important support areas can be observed.

  • A support zone ranging from 11.20 to 11.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 10.89 to 10.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @10.63 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 11.44 to 11.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for BREZ is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for BREZ is neutral.
ChartMill Relative Strength51.59NEUTRALBREZ is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of BREZ is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of BREZ is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of BREZ is above the rising SMA(200).
Relative Strength Index/RSI (14)42.48NEUTRALThe RSI value for BREZ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests BREZ has a negative trend.
Stochastics (14,3)15.94OVERSOLDThe low Stochastics value suggests BREZ may be oversold.
Average True Range in percent/ATR (20)1.28LOW VOLATILITYThe low ATR as a percentage value for BREZ suggests low volalility.
Average Directional Index/ADX (14)17.51NEGATIVEThe low ADX value for BREZ suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BREEZE HOLDINGS ACQUISITION / BREZ Daily stock chart

BREEZE HOLDINGS ACQUISITION

NASDAQ:BREZ (5/28/2024, 8:04:42 PM)

After market: 11.36 -0.03 (-0.26%)

11.39

-0.06 (-0.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.48%
1 Week0.09%
2 Weeks-3.39%
1 Month-2.51%
3 Month-1.69%
6 Month4.3%
12 Month6.76%
2 Year11.34%
3 Year13.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%1.28%
ATR Inc-37.87%
Range Today0.18
ADR(20)0.11
ADR(20)%0.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.59
Mansfield-1.1
10 Day High11.8
10 Day Low11.35
20 Day High11.8
20 Day Low11.35
52 Week High12.24
52 Week Low10.38
CS1 End11.22
CR1 Start11.44
Volume & EV
DER(3)1.14%
DER(5)0.68%
Volume46.90K
Volume Incr201.32%
Vol(5)12.52K
Vol(50)5.74K