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BURTECH ACQUISITION -CW23 (BZAIW) Stock Technical Analysis

NASDAQ:BZAIW - Nasdaq - - Currency: USD

0.585  -0.01 (-2.48%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to BZAIW. Although BZAIW 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, BZAIW is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month BZAIW has a been trading in the 0.46 - 1.00 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
Weekly and Daily overview Charts
BURTECH ACQUISITION -CW23 / BZAIW Weekly stock chart
BURTECH ACQUISITION -CW23 / BZAIW Daily stock chart
Setup Rating and Analysis

6

BZAIW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for BZAIW in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.50

0.61

We found 1 important support area.

  • Support @0.50 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @0.60 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for BZAIW is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for BZAIW is up.
ChartMill Relative Strength0NEGATIVEBZAIW has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of BZAIW is below a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of BZAIW is above the rising SMA(50).
Relative Strength Index/RSI (14)54.69NEUTRALThe RSI value for BZAIW is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests BZAIW has a negative trend, although the MACD value is rising.
Stochastics (14,3)38.53NEUTRALThe Stochastics value for BZAIW is a neutral value.
Average True Range in percent/ATR (20)22.64HIGH VOLATILITYThe high ATR as a percentage value for BZAIW suggests high volalility.
Average Directional Index/ADX (14)34.05POSITIVEThe high ADX value value for BZAIW suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
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
0.610.490.12 (19.67%)5.08%
An entry @0.61. This is a Buy Stop order right above the resistance zone.An exit @0.49. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.12 points, which is 19.67%.When investing 5.08% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The distance between exit and entry is rather small compared to the average daily movement of BZAIW. 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.
BURTECH ACQUISITION -CW23 / BZAIW Daily stock chart

BURTECH ACQUISITION -CW23

NASDAQ:BZAIW (8/15/2025, 8:08:20 PM)

0.585

-0.01 (-2.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.48%
1 Week19.39%
2 Weeks6.36%
1 Month-31.1%
3 Month183.98%
6 Month17%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%22.64%
ATR Inc-66.38%
Range Today0.04
ADR(20)0.13
ADR(20)%22.37%
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 High0.65
10 Day Low0.46
20 Day High1
20 Day Low0.46
52 Week HighN/A
52 Week LowN/A
CS1 End0.5
CR1 Start0.6
Volume & EV
DER(3)12.6%
DER(5)10.38%
Volume48.80K
Volume Incr-83.01%
Vol(5)60.00K
Vol(50)167.18K