KANZHUN LTD - ADR (BZ)

US48553T1060 - ADR

17.84  -0.27 (-1.49%)

After market: 17.84 0 (0%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to BZ. In the last year, BZ was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month BZ has a been trading in the 17.49 - 20.19 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
BZ is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 76% of 68 stocks in the same industry.
BZ has an average volume of 3665570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BZ did better than 84% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
BZ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BZ is lagging the market slightly.
Weekly and Daily overview Charts
BZ Weekly chart
BZ Daily chart
Setup Rating and Analysis

6

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. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

13.82

19.80

We found 2 important support areas.

  • A support zone ranging from 17.83 to 17.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @13.96 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 19.16 to 19.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @19.60 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.16
Mansfield0.19
10 Day High20.19
10 Day Low17.75
20 Day High20.19
20 Day Low17.49
52 Week High21.32
52 Week Low12.57
Performance
1 Week-7.28%
2 Weeks-6.35%
1 Month-7.56%
3 Month32.94%
6 Month19.01%
12 Month4.21%
2 Year-24.18%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.25
RSI(14)44.33
LBB17.66
UBB19.95
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
18.8317.821.01 (5.36%)18.64%
An entry @18.83. This is a Buy Stop order right above the 10 day moving average.An exit @17.82. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.01 points, which is 5.36%.For a 1.00% total portfolio risk, you can invest 18.64% of your capital in this trade.

  • 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.
BZ Daily chart

KANZHUN LTD - ADR

NASDAQ:BZ (4/18/2024, 7:00:02 PM)

After market: 17.84 0 (0%)

17.84

-0.27 (-1.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-1.49%
1 Week-7.28%
2 Weeks-6.35%
1 Month-7.56%
3 Month32.94%
6 Month19.01%
12 Month4.21%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.68
ATR(20)%3.56%
ATR Inc
Range Today0.55
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High20.19
10 Day Low17.75
20 Day High20.19
20 Day Low17.49
52 Week High21.32
52 Week Low12.57
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.17M
Volume Incr-35.8%
Vol(5)2.58M
Vol(50)3.67M