Taking everything into account, BRZE scores 7 out of 10 in our technical rating. Although BRZE is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although BRZE has an excellent technical rating, it does not offer a high quality setup 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.
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26.61
When analyzing the support we can see 2 important areas.
- Support @27.79 from a trend line in the daily time frame.
- A support zone ranging from 26.88 to 27.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @33.15 from a horizontal line in the weekly time frame.
- Resistance @33.70 from a trend line in the weekly time frame.
- A resistance zone ranging from 36.14 to 36.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @36.89 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for BRZE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRZE is up. |
| ChartMill Relative Strength | 21.05 | NEGATIVE | BRZE has a low relative strength, it was outperformed by 78.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRZE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRZE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BRZE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.04 | NEUTRAL | The RSI value for BRZE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.54 | POSITIVE | The MACD value suggests BRZE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.79 | NEUTRAL | The Stochastics value for BRZE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for BRZE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.71 | NEUTRAL | The ADX value for BRZE suggests a possible start of a new trend. |
33.12
-0.02 (-0.06%)
BRAZE INC-A / BRZE FAQ
Can you provide the ChartMill technical rating for BRAZE INC-A?
ChartMill assigns a technical rating of 7 / 10 to BRZE.
What is the current trend direction of BRAZE INC-A (BRZE) stock?
The current trend direction for BRAZE INC-A (BRZE) is Bullish.
What is the RSI signal for BRAZE INC-A (BRZE) stock?
BRAZE INC-A (BRZE) has an RSI value of 63.042. This indicates that the stock is currently neutral.
What is the MACD signal for BRZE stock?
The MACD indicator for BRAZE INC-A (BRZE) has a value of 0.539409, indicating a bearish trend.
Can you provide the support and resistance levels for BRAZE INC-A?
BRAZE INC-A (BRZE) has a support level at 27.79 and a resistance level at 33.15. Check the full technical report for our detailed analysis of BRZE support and resistance levels.