BLAIZE HOLDINGS INC (BZAI) Technical Analysis
NASDAQ:BZAI • US0929151076
Current stock price
BZAI Technical Rating and Analysis
Overall BZAI gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. BZAI was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, BZAI is a bad performer in the overall market: 86% of all stocks are doing better.
- BZAI is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 90% of 115 stocks in the same industry do better.
- BZAI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BZAI is lagging the market.
- In the last month BZAI has a been trading in the 1.00 - 1.99 range, which is quite wide. It is currently trading near the high of this range.
- BZAI has an average volume of 5509970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BZAI Weekly and Daily overview Charts
BZAI Setup Rating and Analysis
The technical rating of BZAI is bad and it also does not present a 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
BZAI Support and Resistance Analysis
1.85
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.87 to 1.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
BZAI Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for BZAI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BZAI is up. |
| ChartMill Relative Strength | 14.77 | NEGATIVE | BZAI has a low relative strength, it was outperformed by 85.23% 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) | DOWN | MIXED | The current price of BZAI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BZAI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.94 | NEUTRAL | The RSI value for BZAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests BZAI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.86 | OVERBOUGHT | The high Stochastics value suggests BZAI may be overbought. |
| Average True Range in percent/ATR (20) | 9.87 | HIGH VOLATILITY | The high ATR as a percentage value for BZAI suggests high volalility. |
| Average Directional Index/ADX (14) | 32.94 | POSITIVE | The high ADX value value for BZAI suggests a strong trend. |
BZAI Chart- and CandleStick Pattern Analysis
BZAI Technicals: Chart, Performance Metrics, Trend & Indicators
1.87
+0.08 (+4.47%)
BLAIZE HOLDINGS INC / BZAI TA FAQ
What is the technical rating for BZAI stock?
ChartMill assigns a technical rating of 3 / 10 to BZAI.
What is the trend direction for BZAI stock?
The current trend direction for BLAIZE HOLDINGS INC (BZAI) is Bearish.
Can you provide the RSI signal for BLAIZE HOLDINGS INC?
BLAIZE HOLDINGS INC (BZAI) has an RSI value of 67.944. This indicates that the stock is currently neutral.
What is the buy/sell signal for BZAI stock?
The buy/sell signal for BLAIZE HOLDINGS INC (BZAI) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for BLAIZE HOLDINGS INC (BZAI) stock?
BLAIZE HOLDINGS INC (BZAI) has a resistance level at 1.87. Check the full technical report for our detailed analysis of BZAI support and resistance levels.