We assign a technical rating of 0 out of 10 to BZAIW. BZAIW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of BZAIW 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
0.49
When analyzing the support we can see 2 important areas.
- Support @0.50 from a trend line in the daily time frame.
- Support @0.49 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.56 to 0.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BZAIW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BZAIW is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | BZAIW 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 BZAIW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BZAIW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BZAIW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.52 | NEUTRAL | The RSI value for BZAIW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BZAIW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.59 | OVERSOLD | The low Stochastics value suggests BZAIW may be oversold. |
| Average True Range in percent/ATR (20) | 21.14 | HIGH VOLATILITY | The high ATR as a percentage value for BZAIW suggests high volalility. |
| Average Directional Index/ADX (14) | 15.74 | NEGATIVE | The low ADX value for BZAIW suggests a weak or negative trend. |
0.55
+0.03 (+5.77%)
BURTECH ACQUISITION -CW23 / BZAIW FAQ
Can you provide the ChartMill technical rating for BURTECH ACQUISITION -CW23?
ChartMill assigns a technical rating of 0 / 10 to BZAIW.
What is the current trend direction of BURTECH ACQUISITION -CW23 (BZAIW) stock?
The current trend direction for BURTECH ACQUISITION -CW23 (BZAIW) is Bearish.
What is the RSI signal for BURTECH ACQUISITION -CW23 (BZAIW) stock?
BURTECH ACQUISITION -CW23 (BZAIW) has an RSI value of 40.5167. This indicates that the stock is currently neutral.
What is the MACD signal for BZAIW stock?
The MACD indicator for BURTECH ACQUISITION -CW23 (BZAIW) has a value of -0.00770097, indicating a bearish trend.
What is the buy/sell signal for BURTECH ACQUISITION -CW23 (BZAIW) stock?
The buy/sell signal for BURTECH ACQUISITION -CW23 (BZAIW) is sell as both the short term and long term trends are negative.