KANZHUN LTD - ADR (BZ) Stock Technical Analysis
NASDAQ:BZ - Nasdaq - US48553T1060 - ADR - Currency: USD
Overall BZ gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BZ is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BZ did better than 91% of all other stocks. On top of that, BZ also shows a nice and consistent pattern of rising prices.
BZ is part of the Interactive Media & Services industry. There are 70 other stocks in this industry. BZ outperforms 84% of them.
BZ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BZ is lagging the market slightly.
BZ has an average volume of 3263610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BZ has a been trading in the 18.04 - 22.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although BZ 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
15.01
22.30
We found 4 important support areas.
- Support @21.07 from a horizontal line in the daily time frame.
- A support zone ranging from 19.19 to 19.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.40 from a trend line in the daily time frame.
- Support @15.16 from a trend 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 | UP | POSITIVE | The long term trend for BZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BZ is up. |
| ChartMill Relative Strength | 91.43 | POSITIVE | BZ has a high relative strength, it outperformed 91.43% 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) | UP | POSITIVE | The current price of BZ is above the rising 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) | 65.6 | NEUTRAL | The RSI value for BZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BZ has a positive trend. |
| Stochastics (14,3) | 76.03 | NEUTRAL | The Stochastics value for BZ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for BZ suggests some volalility. |
| Average Directional Index/ADX (14) | 27.24 | POSITIVE | The high ADX value value for BZ suggests a strong 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)
22.08
+1.01 (+4.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg4.79%
1 Week-1.6%
2 Weeks9.8%
1 Month11.01%
3 Month26.82%
6 Month38%
12 Month55.71%
2 Year49.19%
3 Year-6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%3.29%
ATR Inc88.98%
Range Today1.96
ADR(20)0.66
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.43
Mansfield2.56
10 Day High22.67
10 Day Low20.1
20 Day High22.67
20 Day Low18.04
52 Week High22.67
52 Week Low10.57
CS1 End21.07
CR1 StartN/A
Volume & EV
DER(3)-1.44%
DER(5)0.85%
Volume8.55M
Volume Incr32.49%
Vol(5)4.46M
Vol(50)3.26M