KANZHUN LTD - ADR (BZ) Stock Technical Analysis
NASDAQ:BZ - Nasdaq - US48553T1060 - ADR - Currency: USD
We assign a technical rating of 6 out of 10 to BZ. In the last year, BZ was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
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 2950270 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, BZ turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
BZ is part of the Interactive Media & Services industry. There are 70 other stocks in this industry, BZ did better than 53% of them.
In the last month BZ has a been trading in the 17.05 - 18.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BZ has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 18.40. Right above this resistance zone may be a good entry point.
More info and screens
13.90
20.77
When analyzing the support we can see 4 important areas.
- A support zone ranging from 17.28 to 17.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.67 from a trend line in the weekly time frame.
- Support @14.38 from a trend line in the daily time frame.
- Support @14.04 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 18.01 to 18.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @19.23 from a trend line in the weekly time frame.
- Resistance @19.98 from a horizontal line in the weekly time frame.
- Resistance @20.56 from a horizontal line 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 BZ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BZ is neutral. |
| ChartMill Relative Strength | 48.09 | NEUTRAL | BZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BZ is below a declining 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) | 52.26 | NEUTRAL | The RSI value for BZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests BZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.73 | NEUTRAL | The Stochastics value for BZ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.64 | MEDIUM VOLATILITY | The ATR as a percentage value for BZ suggests some volalility. |
| Average Directional Index/ADX (14) | 11.85 | NEGATIVE | The low ADX value for BZ 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)
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 |
|---|---|---|---|
| 18.49 | 17.54 | 0.95 (5.14%) | 19.46% |
| An entry @18.49. This is a Buy Stop order right above the resistance zone. | An exit @17.54. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.95 points, which is 5.14%. | When investing 19.46% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
17.95
+0.17 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg0.96%
1 Week1.87%
2 Weeks1.13%
1 Month-2.6%
3 Month16.41%
6 Month28.67%
12 Month1.53%
2 Year-3.91%
3 Year-23.65%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%3.64%
ATR Inc-2.75%
Range Today0.58
ADR(20)0.6
ADR(20)%3.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.09
Mansfield0.65
10 Day High18.33
10 Day Low17.05
20 Day High18.95
20 Day Low17.05
52 Week High20.81
52 Week Low10.57
CS1 End17.55
CR1 Start18.4
Volume & EV
DER(3)-0.54%
DER(5)-0.51%
Volume2.69M
Volume Incr-17.49%
Vol(5)2.90M
Vol(50)2.95M