KANZHUN LTD - ADR (BZ) Stock Technical Analysis
USA - NASDAQ:BZ - US48553T1060 - ADR
24.38 USD
+0.33 (+1.37%)
24.38 USD
0 (0%)
We assign a technical rating of 10 out of 10 to BZ. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, BZ did better than 87% of all other stocks.
BZ is one of the better performing stocks in the Professional Services industry, it outperforms 90% of 82 stocks in the same industry.
BZ is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
BZ has an average volume of 4125310 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 22.85 - 25.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, BZ also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.92, a Stop Loss order could be placed below this zone.
More info and screens
15.49
25.16
When analyzing the support we can see 4 important areas.
- A support zone ranging from 23.39 to 23.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 22.77 to 23.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.00 from a trend line in the daily time frame.
- Support @15.65 from a trend line in the weekly time frame.
We found 1 important resistance 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 | UP | POSITIVE | The short term trend for BZ is up. |
| ChartMill Relative Strength | 87.79 | POSITIVE | BZ has a high relative strength, it outperformed 87.79% 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) | 59.82 | NEUTRAL | The RSI value for BZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68 | NEUTRAL | The Stochastics value for BZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for BZ suggests some volalility. |
| Average Directional Index/ADX (14) | 17.47 | 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 |
|---|---|---|---|
| 24.92 | 23.38 | 1.54 (6.18%) | 16.18% |
| An entry @24.92. This is a Buy Stop order right above the resistance zone. | An exit @23.38. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.54 points, which is 6.18%. | When investing 16.18% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
24.38
+0.33 (+1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg1.37%
1 Week6.51%
2 Weeks3.79%
1 Month0.49%
3 Month31.64%
6 Month67.79%
12 Month43.41%
2 Year64.73%
3 Year123.06%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%2.64%
ATR Inc-8.13%
Range Today0.57
ADR(20)0.62
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.79
Mansfield2.51
10 Day High24.65
10 Day Low22.85
20 Day High25.26
20 Day Low22.85
52 Week High25.26
52 Week Low12.17
CS1 End23.92
CR1 Start24.54
Volume & EV
DER(3)-3.11%
DER(5)-0.35%
Volume1.98M
Volume Incr-25.95%
Vol(5)2.89M
Vol(50)4.13M