BLAIZE HOLDINGS INC (BZAI) Stock Technical Analysis
NASDAQ:BZAI - US0929151076 - Common Stock
3.57 USD
-0.17 (-4.55%)
3.62 USD
+0.05 (+1.4%)
Overall BZAI gets a technical rating of 5 out of 10. BZAI was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
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 one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 95% of 112 stocks in the same industry do better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
BZAI has an average volume of 2963520 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 3.11 - 4.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, BZAI does present a nice setup opportunity. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.00
4.09
3 important support areas can be observed.
- Support @3.56 from a trend line in the daily time frame.
- A support zone ranging from 3.19 to 3.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.02 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.62 to 3.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.05 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 | NEUTRAL | NEUTRAL | The short term trend for BZAI is neutral. |
| 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) | DOWN | NEGATIVE | The current price of BZAI is below a declining 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) | 48.37 | NEUTRAL | The RSI value for BZAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BZAI has a negative trend. |
| Stochastics (14,3) | 56.75 | NEUTRAL | The Stochastics value for BZAI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.07 | HIGH VOLATILITY | The high ATR as a percentage value for BZAI suggests high volalility. |
| Average Directional Index/ADX (14) | 25.21 | 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)
3.57
-0.17 (-4.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-4.55%
1 Week-0.56%
2 Weeks-2.19%
1 Month-5.56%
3 Month77.61%
6 Month16.67%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%9.07%
ATR Inc-0.58%
Range Today0.27
ADR(20)0.32
ADR(20)%9.06%
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 High4.05
10 Day Low3.28
20 Day High4.21
20 Day Low3.11
52 Week HighN/A
52 Week LowN/A
CS1 End3.56
CR1 Start3.62
Volume & EV
DER(3)-4.02%
DER(5)-3.36%
Volume852.70K
Volume Incr11.83%
Vol(5)1.31M
Vol(50)2.96M