BRAZE INC-A (BRZE) Technical Analysis
NASDAQ:BRZE • US10576N1028
Current stock price
BRZE Technical Rating and Analysis
Overall BRZE gets a technical rating of 2 out of 10. In the past year, BRZE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 91% of all other stocks performed better in the past year than BRZE.
- In the last month BRZE has a been trading in the 17.64 - 23.33 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 3496590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- BRZE is part of the Software industry. There are 279 other stocks in this industry, BRZE did better than 41% of them.
- BRZE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BRZE is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BRZE Weekly and Daily overview Charts
BRZE 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 upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
BRZE Support and Resistance Analysis
18.16
When analyzing the support we can see 2 important areas.
- A support zone ranging from 19.65 to 19.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @18.34 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 23.01 to 23.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @32.27 from a trend line in the weekly time frame.
- Resistance @34.83 from a trend line in the weekly time frame.
BRZE 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 | DOWN | NEGATIVE | The long term trend for BRZE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRZE is up. |
| ChartMill Relative Strength | 9.67 | NEGATIVE | BRZE has a low relative strength, it was outperformed by 90.33% 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) | DOWN | MIXED | The current price of BRZE is above 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) | 63.88 | NEUTRAL | The RSI value for BRZE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.6 | POSITIVE | The MACD value suggests BRZE has a positive trend. |
| Stochastics (14,3) | 90.8 | OVERBOUGHT | The high Stochastics value suggests BRZE may be overbought. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for BRZE suggests high volalility. |
| Average Directional Index/ADX (14) | 22.68 | NEUTRAL | The ADX value for BRZE suggests a possible start of a new trend. |
BRZE Chart- and CandleStick Pattern Analysis
BRZE Technicals: Chart, Performance Metrics, Trend & Indicators
23
-0.31 (-1.33%)
BRAZE INC-A / BRZE TA FAQ
Can you provide the ChartMill technical rating for BRAZE INC-A?
ChartMill assigns a technical rating of 2 / 10 to BRZE.
Can you provide the trend direction for BRAZE INC-A?
The current trend direction for BRAZE INC-A (BRZE) is Bearish.
What is the RSI signal for BRAZE INC-A (BRZE) stock?
BRAZE INC-A (BRZE) has an RSI value of 63.876. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BRAZE INC-A?
The MACD indicator for BRAZE INC-A (BRZE) has a value of 0.59536, indicating a bearish trend.
What is the buy/sell signal for BRAZE INC-A (BRZE) stock?
The buy/sell signal for BRAZE INC-A (BRZE) is hold as the short term and long term trends are mixed.