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. Although BZ is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
76% of all other stocks performed better in the past year than BZ.
The long and short term trends are both positive. This is looking good!
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.
In the last month BZ has a been trading in the 16.55 - 18.95 range, which is quite wide. It is currently trading near the high of this range.
BZ has an average volume of 3879980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BZ is an average performer in the Interactive Media & Services industry, it outperforms 52% of 71 stocks in the same industry.
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 18.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.09, a Stop Loss order could be placed below this zone.
More info and screens
13.81
20.77
4 important support areas can be observed.
- A support zone ranging from 16.96 to 17.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.53 from a trend line in the weekly time frame.
- Support @14.20 from a trend line in the daily time frame.
- Support @13.95 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 18.48 to 18.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @19.33 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 | UP | POSITIVE | The short term trend for BZ is up. |
| ChartMill Relative Strength | 24.05 | NEGATIVE | BZ has a low relative strength, it was outperformed by 75.95% 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) | DOWN | MIXED | The current price of BZ is above 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) | 56.69 | NEUTRAL | The RSI value for BZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 58.67 | NEUTRAL | The Stochastics value for BZ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for BZ suggests some volalility. |
| Average Directional Index/ADX (14) | 17.65 | 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 |
|---|---|---|---|
| 18.66 | 17.42 | 1.24 (6.65%) | 15.05% |
| An entry @18.66. This is a Buy Stop order right above the resistance zone. | An exit @17.42. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.24 points, which is 6.65%. | When investing 15.05% 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.
18.37
+0.72 (+4.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg4.08%
1 Week-2.29%
2 Weeks4.08%
1 Month0.66%
3 Month-8.06%
6 Month34.88%
12 Month-8.15%
2 Year22.06%
3 Year-30.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%3.57%
ATR Inc34.14%
Range Today0.65
ADR(20)0.58
ADR(20)%3.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.05
Mansfield1.24
10 Day High18.95
10 Day Low17.43
20 Day High18.95
20 Day Low16.55
52 Week High20.81
52 Week Low10.57
CS1 End17.09
CR1 Start18.48
Volume & EV
DER(3)-0.31%
DER(5)0.56%
Volume2.28M
Volume Incr-11.65%
Vol(5)2.90M
Vol(50)3.88M