Taking everything into account, BZ scores 6 out of 10 in our technical rating. BZ was one of the better performers 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, BZ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 21.26, a Stop Loss order could be placed below this zone.
More info and screens
20.18
We found 2 important support areas.
- A support zone ranging from 20.88 to 21.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.38 to 20.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.59 to 22.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 BZ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BZ is neutral. |
| ChartMill Relative Strength | 82.93 | POSITIVE | BZ has a high relative strength, it outperformed 82.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.27 | NEUTRAL | The RSI value for BZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests BZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.17 | NEUTRAL | The Stochastics value for BZ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for BZ suggests some volalility. |
| Average Directional Index/ADX (14) | 25.68 | POSITIVE | The high ADX value value for BZ suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.71 | 20.87 | 0.84 (3.86%) | 25.00% |
| An entry @21.71. This is a Buy Stop order right above the 10 day moving average. | An exit @20.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.84 points, which is 3.86%. | For a 0.96% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BZ. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
21.41
-0.36 (-1.65%)
KANZHUN LTD - ADR / BZ FAQ
What is the technical rating for BZ stock?
ChartMill assigns a technical rating of 6 / 10 to BZ.
What is the trend direction for BZ stock?
The current trend direction for KANZHUN LTD - ADR (BZ) is Bullish.
What is the RSI signal for BZ stock?
KANZHUN LTD - ADR (BZ) has an RSI value of 48.274. This indicates that the stock is currently neutral.
What is the MACD signal for KANZHUN LTD - ADR (BZ) stock?
The MACD indicator for KANZHUN LTD - ADR (BZ) has a value of 0.0862379, indicating a bearish trend.
What is the short term momentum for KANZHUN LTD - ADR (BZ) stock?
The short term momentum for KANZHUN LTD - ADR (BZ) is neutral.