BRAZE INC-A (BRZE) Stock Technical Analysis
NASDAQ:BRZE - US10576N1028 - Common Stock
31.31 USD
-0.75 (-2.34%)
31.0031 USD
-0.31 (-0.98%)
Overall BRZE gets a technical rating of 7 out of 10. In the last year, BRZE was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month BRZE has a been trading in the 23.91 - 33.48 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
BRZE has an average volume of 1591570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, BRZE turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
BRZE is an average performer in the Software industry, it outperforms 46% of 280 stocks in the same industry.
BRZE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BRZE is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BRZE has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
26.70
45.31
When analyzing the support we notice one important area.
- A support zone ranging from 26.97 to 26.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @31.42 from a horizontal line in the weekly time frame.
- Resistance @32.06 from a horizontal line in the daily time frame.
- Resistance @33.29 from a trend line in the daily time frame.
- Resistance @37.43 from a trend line in the weekly time frame.
- Resistance @44.86 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for BRZE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRZE is up. |
| ChartMill Relative Strength | 42.48 | NEUTRAL | BRZE is not amongst the best or worst performers 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 | NEGATIVE | The current price of BRZE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.28 | NEUTRAL | The RSI value for BRZE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.71 | POSITIVE | The MACD value suggests BRZE has a positive trend. |
| Stochastics (14,3) | 78.5 | NEUTRAL | The Stochastics value for BRZE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for BRZE suggests some volalility. |
| Average Directional Index/ADX (14) | 19.67 | NEGATIVE | The low ADX value for BRZE suggests a weak or negative trend. |
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)
31.31
-0.75 (-2.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.34%
1 Week15.79%
2 Weeks20.33%
1 Month29.76%
3 Month14.65%
6 Month-11.25%
12 Month-10.87%
2 Year-33%
3 Year-10.11%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.43
ATR(20)%4.26%
ATR Inc-0.15%
Range Today1.57
ADR(20)1.18
ADR(20)%3.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.48
Mansfield-1.69
10 Day High33.48
10 Day Low25.6
20 Day High33.48
20 Day Low23.91
52 Week High48.33
52 Week Low23.91
CS1 End26.99
CR1 Start31.42
Volume & EV
DER(3)3.19%
DER(5)4%
Volume3.02M
Volume Incr260.78%
Vol(5)4.38M
Vol(50)1.59M