KANZHUN LTD - ADR (BZ) Stock Technical Analysis
USA - NASDAQ:BZ - US48553T1060 - ADR
Taking everything into account, BZ scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, BZ also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 22.14, a Stop Loss order could be placed below this zone.
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20.86
3 important support areas can be observed.
- A support zone ranging from 22.04 to 22.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.50 to 21.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.07 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.54 to 24.91. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The short term trend for BZ is down. |
| ChartMill Relative Strength | 87.83 | POSITIVE | BZ has a high relative strength, it outperformed 87.83% off all stocks 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 | MIXED | The current price of BZ is below 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) | 47.35 | NEUTRAL | The RSI value for BZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BZ has a positive trend. |
| Stochastics (14,3) | 46.55 | NEUTRAL | The Stochastics value for BZ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for BZ suggests some volalility. |
| Average Directional Index/ADX (14) | 24.01 | NEUTRAL | The ADX value for BZ suggests a possible start of a new 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 |
|---|---|---|---|
| 22.82 | 22.03 | 0.79 (3.46%) | 25.00% |
| An entry @22.82. This is a Buy Stop order right above the 10 day high. | An exit @22.03. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.79 points, which is 3.46%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.87%. |
- 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.
22.34
-0.15 (-0.67%)
KANZHUN LTD - ADR / BZ FAQ
What is the technical rating for BZ stock?
ChartMill assigns a technical rating of 7 / 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 47.3524. 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 0.0350956, 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 negative.