We assign a technical rating of 4 out of 10 to BUZZ. BUZZ has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, BUZZ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 34.74. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.06, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BUZZ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
19.32
When analyzing the support we can see 4 important areas.
- A support zone ranging from 31.77 to 32.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.22 to 30.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.68 from a trend line in the weekly time frame.
- Support @19.52 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.74 to 35.08. This zone is formed by a combination of multiple trend lines and important moving averages 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 BUZZ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BUZZ is neutral. |
| ChartMill Relative Strength | 76.03 | POSITIVE | BUZZ has a high relative strength, it outperformed 76.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BUZZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BUZZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BUZZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.16 | NEUTRAL | The RSI value for BUZZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests BUZZ has a positive trend. |
| Stochastics (14,3) | 61.25 | NEUTRAL | The Stochastics value for BUZZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for BUZZ suggests some volalility. |
| Average Directional Index/ADX (14) | 23.44 | NEUTRAL | The ADX value for BUZZ suggests a possible start of a new trend. |
33.77
+0.01 (+0.03%)
VANECK SOCIAL SENTIMENT ETF / BUZZ FAQ
What is the technical rating for BUZZ stock?
ChartMill assigns a technical rating of 4 / 10 to BUZZ.
Can you provide the trend direction for VANECK SOCIAL SENTIMENT ETF?
The current trend direction for VANECK SOCIAL SENTIMENT ETF (BUZZ) is Bullish.
Can you provide the RSI signal for VANECK SOCIAL SENTIMENT ETF?
VANECK SOCIAL SENTIMENT ETF (BUZZ) has an RSI value of 50.1551. This indicates that the stock is currently neutral.
What is the support and resistance level for BUZZ stock?
VANECK SOCIAL SENTIMENT ETF (BUZZ) has a support level at 32.06 and a resistance level at 34.74. Check the full technical report for our detailed analysis of BUZZ support and resistance levels.