Logo image of BREZR

BREEZE HOLDINGS ACQ- RIGHTS (BREZR) Stock Technical Analysis

NASDAQ:BREZR - US1067621235

0.175 USD
-0.03 (-13.58%)
Last: 5/28/2024, 8:04:42 PM
Technical Rating and Analysis

6

Taking everything into account, BREZR scores 6 out of 10 in our technical rating. In the last year, BREZR was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

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.
Looking at the yearly performance, BREZR did better than 94% of all other stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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.
Weekly and Daily overview Charts
BREEZE HOLDINGS ACQ- RIGHTS / BREZR Weekly stock chart
BREEZE HOLDINGS ACQ- RIGHTS / BREZR Daily stock chart
Setup Rating and Analysis

6

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.

Support and Resistance Analysis

0.15

0.18

We found 1 important support area.

  • Support @0.15 from a horizontal line in the daily time frame.

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 BREZR is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for BREZR is down.
ChartMill Relative Strength94.84POSITIVEBREZR has a high relative strength, it outperformed 94.84% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of BREZR is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of BREZR is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of BREZR is above the rising SMA(200).
Relative Strength Index/RSI (14)43.12NEUTRALThe RSI value for BREZR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests BREZR has a negative trend.
Stochastics (14,3)14.55OVERSOLDThe low Stochastics value suggests BREZR may be oversold.
Average True Range in percent/ATR (20)38.18HIGH VOLATILITYThe high ATR as a percentage value for BREZR suggests high volalility.
Average Directional Index/ADX (14)29.1POSITIVEThe high ADX value value for BREZR suggests a strong 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)
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.

ENTRYEXITDISTANCECAPITAL
0.260.140.12 (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 worst case loss on the trade is limited to 0.12 points, which is 46.77%.For a 1.00% total portfolio risk, you can invest 2.14% of your capital in this trade.

  • 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.
BREEZE HOLDINGS ACQ- RIGHTS / BREZR Daily stock chart

BREEZE HOLDINGS ACQ- RIGHTS

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

0.175

-0.03 (-13.58%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-13.58%
1 Week-46.97%
2 Weeks-20.49%
1 Month-16.67%
3 Month-2.67%
6 Month118.75%
12 Month94.44%
2 Year31.38%
3 Year-23.85%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%38.18%
ATR Inc-9.25%
Range Today0.05
ADR(20)0.06
ADR(20)%34.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.84
Mansfield1.52
10 Day High0.4
10 Day Low0.15
20 Day High0.4
20 Day Low0.14
52 Week High0.4
52 Week Low0.05
CS1 End0.15
CR1 StartN/A
Volume & EV
DER(3)-47.63%
DER(5)-45.31%
Volume164.80K
Volume Incr48.62%
Vol(5)58.28K
Vol(50)41.16K