BUZZFEED INC (BZFD) Stock Technical Analysis
NASDAQ:BZFD - Nasdaq - US12430A3005 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to BZFD. BZFD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
70% of all other stocks performed better in the past year than BZFD.
BZFD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BZFD has a been trading in the 1.93 - 2.68 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
BZFD is an average performer in the Interactive Media & Services industry, it outperforms 46% of 70 stocks in the same industry.
Volume is considerably higher in the last couple of days.
BZFD has a poor technical rating and the quality of the setup is also only medium 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
1.96
2.64
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.02 to 2.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.98 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.12 to 2.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.34 from a trend line in the daily time frame.
- Resistance @2.52 from a trend line in the daily time frame.
- Resistance @2.61 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 | NEUTRAL | NEUTRAL | The long term trend for BZFD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BZFD is neutral. |
| ChartMill Relative Strength | 30.1 | NEUTRAL | BZFD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BZFD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BZFD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BZFD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.2 | NEUTRAL | The RSI value for BZFD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BZFD has a negative trend. |
| Stochastics (14,3) | 11.91 | OVERSOLD | The low Stochastics value suggests BZFD may be oversold. |
| Average True Range in percent/ATR (20) | 7.45 | HIGH VOLATILITY | The high ATR as a percentage value for BZFD suggests high volalility. |
| Average Directional Index/ADX (14) | 30.11 | POSITIVE | The high ADX value value for BZFD 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)
2.03
-0.03 (-1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-1.46%
1 Week-2.87%
2 Weeks-14.71%
1 Month-6.02%
3 Month9.14%
6 Month-16.8%
12 Month-12.12%
2 Year26.06%
3 Year-67.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%7.45%
ATR Inc35.99%
Range Today0.28
ADR(20)0.15
ADR(20)%7.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.1
Mansfield-2.53
10 Day High2.63
10 Day Low1.93
20 Day High2.68
20 Day Low1.93
52 Week High5.68
52 Week Low1.61
CS1 End2.02
CR1 Start2.12
Volume & EV
DER(3)-14.74%
DER(5)-19.74%
Volume689.10K
Volume Incr98.3%
Vol(5)513.18K
Vol(50)254.19K