KANZHUN LTD - ADR (BZ) Stock Technical Analysis
USA - NASDAQ:BZ - US48553T1060 - ADR
Overall BZ gets a technical rating of 4 out of 10. In the last year, BZ was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
BZ has an average technical rating and the quality of the presented setup is also not ideal 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
20.76
When analyzing the support we notice one important area.
- A support zone ranging from 20.97 to 21.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 21.88 to 22.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.60 from a horizontal line in the daily time frame.
- Resistance @23.60 from a trend line in the daily time frame.
- Resistance @24.91 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 | DOWN | NEGATIVE | The short term trend for BZ is down. |
| ChartMill Relative Strength | 84.55 | POSITIVE | BZ has a high relative strength, it outperformed 84.55% 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) | 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) | 38.23 | NEUTRAL | The RSI value for BZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests BZ has a negative trend. |
| Stochastics (14,3) | 17.04 | OVERSOLD | The low Stochastics value suggests BZ may be oversold. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for BZ suggests some volalility. |
| Average Directional Index/ADX (14) | 26.16 | POSITIVE | The high ADX value value for BZ suggests a strong trend. |
21.08
-0.01 (-0.05%)
KANZHUN LTD - ADR / BZ FAQ
What is the technical rating for BZ stock?
ChartMill assigns a technical rating of 4 / 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 38.2329. 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 -0.09635, 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.