BLAIZE HOLDINGS INC (BZAI) Stock Technical Analysis
NASDAQ:BZAI - Nasdaq - US0929151076 - Common Stock - Currency: USD
Overall BZAI gets a technical rating of 7 out of 10. Although BZAI is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, BZAI is a bad performer in the overall market: 100% of all stocks are doing better.
BZAI is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, of which 97% are performing better than BZAI.
Both the short term and long term trends are positive. This is a very positive sign.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
BZAI has an average volume of 2502640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BZAI has a been trading in the 2.35 - 6.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although BZAI has an excellent technical rating, it does not offer a high quality setup 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
2.00
4.04
We found 3 important support areas.
- A support zone ranging from 3.01 to 3.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.67 from a trend line in the daily time frame.
- Support @2.02 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 BZAI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BZAI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BZAI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BZAI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BZAI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 58.94 | NEUTRAL | The RSI value for BZAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests BZAI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.17 | NEUTRAL | The Stochastics value for BZAI is a neutral value. |
| Average True Range in percent/ATR (20) | 13.06 | HIGH VOLATILITY | The high ATR as a percentage value for BZAI suggests high volalility. |
| Average Directional Index/ADX (14) | 34.67 | POSITIVE | The high ADX value value for BZAI suggests a strong 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)
4
-0.73 (-15.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-15.43%
1 Week32.01%
2 Weeks36.05%
1 Month56.86%
3 Month56.25%
6 Month-38.74%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%13.06%
ATR Inc41.55%
Range Today1
ADR(20)0.45
ADR(20)%11.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High6.12
10 Day Low2.67
20 Day High6.12
20 Day Low2.35
52 Week HighN/A
52 Week LowN/A
CS1 End3.05
CR1 StartN/A
Volume & EV
DER(3)-5.41%
DER(5)-3.87%
Volume4.80M
Volume Incr1952.54%
Vol(5)19.50M
Vol(50)2.50M