BRZE Technical Analysis - BRAZE INC-A

Technical Rating and Analysis

We assign a technical rating of 3 out of 10 to BRZE. BRZE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, BRZE is a bad performer in the overall market: 76% of all stocks are doing better.

BRZE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

BRZE has an average volume of 1876660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The long and short term trends are both neutral. This gives a pretty neutral overall picture!

BRZE is part of the Software industry. There are 281 other stocks in this industry, BRZE did better than 43% of them.

In the last month BRZE has a been trading in the 25.71 - 33.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of BRZE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

25.06

45.31

When analyzing the support we notice one important area.

Support @25.31 from a horizontal line in the weekly time frame.

4 important resistance areas can be observed.

A resistance zone ranging from 31.68 to 32.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @32.65 from a horizontal line in the daily time frame.
Resistance @36.63 from a trend line in the weekly time frame.
Resistance @44.86 from a horizontal line in the weekly time frame.

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What is Support and Resistance

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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 BRZE is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for BRZE is neutral.
ChartMill Relative Strength	24.44	NEGATIVE	BRZE has a low relative strength, it was outperformed by 75.56% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of BRZE is below the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of BRZE is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of BRZE is below a declining SMA(200).
Relative Strength Index/RSI (14)	42.59	NEUTRAL	The RSI value for BRZE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.29	NEGATIVE	The MACD value suggests BRZE has a negative trend.
Stochastics (14,3)	44.67	NEUTRAL	The Stochastics value for BRZE is a neutral value.
Average True Range in percent/ATR (20)	5.72	HIGH VOLATILITY	The high ATR as a percentage value for BRZE suggests high volalility.
Average Directional Index/ADX (14)	26.71	POSITIVE	The high ADX value value for BRZE suggests a strong trend.