Dreyfus Brazilian Real Fund (BZF) Stock Technical Analysis
NYSEARCA:BZF - NYSE Arca -
Taking everything into account, BZF scores 1 out of 10 in our technical rating. BZF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
79% of all other stocks performed better in the past year than BZF.
Warning: BZF has an average volume of 4232 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
BZF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BZF is lagging the market.
In the last month BZF has a been trading in a tight range between 16.22 and 17.13.
The technical rating of BZF 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
16.19
19.33
When analyzing the support we notice one important area.
- A support zone ranging from 16.35 to 16.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 16.54 to 17.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.14 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for BZF is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BZF is down. |
| ChartMill Relative Strength | 21.02 | NEGATIVE | BZF has a low relative strength, it was outperformed by 78.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BZF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BZF is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BZF is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.42 | NEUTRAL | The RSI value for BZF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BZF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.53 | NEUTRAL | The Stochastics value for BZF is a neutral value. |
| Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for BZF suggests low volalility. |
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)
NYSEARCA:BZF (3/14/2019, 8:04:03 PM)
16.4601
-0.13 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.78%
1 Week0.92%
2 Weeks-2.2%
1 Month-2.2%
3 Month1.98%
6 Month9.66%
12 Month-11.36%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%0.99%
ATR Inc21.62%
Range Today0.2
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.02
Mansfield-0.43
10 Day High16.82
10 Day Low16.22
20 Day High17.13
20 Day Low16.22
52 Week High18.7
52 Week Low14.9
CS1 End16.37
CR1 Start16.54
Volume & EV
DER(3)-0.53%
DER(5)1.92%
Volume6.30K
Volume Incr-31.37%
Vol(5)3.50K
Vol(50)4.23K