BREEZE HOLDINGS ACQ- RIGHTS (BREZR) Technical Analysis
NASDAQ:BREZR • US1067621235
Current stock price
BREZR Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to BREZR. BREZR was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month BREZR has a been trading in the 0.14 - 0.40 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- When comparing the yearly performance of all stocks, we notice that BREZR is one of the better performing stocks in the market, outperforming 94% of all stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- BREZR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BREZR is lagging the market.
BREZR Weekly and Daily overview Charts
BREZR Setup Rating and Analysis
Although the technical rating is only medium, BREZR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
BREZR Support and Resistance Analysis
0.15
We found 1 important support area.
- Support @0.15 from a horizontal line in the daily time frame.
BREZR 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BREZR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BREZR is down. |
| ChartMill Relative Strength | 94.84 | POSITIVE | BREZR has a high relative strength, it outperformed 94.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BREZR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BREZR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BREZR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.12 | NEUTRAL | The RSI value for BREZR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BREZR has a negative trend. |
| Stochastics (14,3) | 14.55 | OVERSOLD | The low Stochastics value suggests BREZR may be oversold. |
| Average True Range in percent/ATR (20) | 38.18 | HIGH VOLATILITY | The high ATR as a percentage value for BREZR suggests high volalility. |
| Average Directional Index/ADX (14) | 29.1 | POSITIVE | The high ADX value value for BREZR suggests a strong trend. |
BREZR Chart- and CandleStick Pattern Analysis
BREZR Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.26 | 0.14 | 0.12 (46.77%) | 2.14% |
| An entry @0.26. This is a Buy Stop order right above the 10 day moving average. | An exit @0.14. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.12 points, which is 46.77%. | When investing 2.14% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of BREZR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BREZR Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:BREZR (5/28/2024, 8:04:42 PM)
0.175
-0.03 (-13.58%)
BREEZE HOLDINGS ACQ- RIGHTS / BREZR TA FAQ
What is the technical rating for BREZR stock?
ChartMill assigns a technical rating of 6 / 10 to BREZR.
Can you provide the trend direction for BREEZE HOLDINGS ACQ- RIGHTS?
The current trend direction for BREEZE HOLDINGS ACQ- RIGHTS (BREZR) is Bearish.
Can you provide the RSI signal for BREEZE HOLDINGS ACQ- RIGHTS?
BREEZE HOLDINGS ACQ- RIGHTS (BREZR) has an RSI value of 43.1226. This indicates that the stock is currently neutral.
What is the short term momentum for BREEZE HOLDINGS ACQ- RIGHTS (BREZR) stock?
The short term momentum for BREEZE HOLDINGS ACQ- RIGHTS (BREZR) is negative.