BUZZFEED INC (BZFD) Stock Technical Analysis
NASDAQ:BZFD - Nasdaq - US12430A3005 - Common Stock - Currency: USD
Overall BZFD gets a technical rating of 6 out of 10. In the past year, BZFD was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month BZFD has a been trading in the 1.95 - 2.34 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, BZFD turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
BZFD is an average performer in the Interactive Media & Services industry, it outperforms 47% of 70 stocks in the same industry.
BZFD has an average technical rating and also the quality of the setup is 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
1.92
2.38
3 important support areas can be observed.
- A support zone ranging from 2.06 to 2.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.02 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.94 to 1.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @2.29 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 2.35 to 2.36. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for BZFD is up. |
| ChartMill Relative Strength | 52 | NEUTRAL | BZFD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BZFD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BZFD is above the rising 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) | 61.59 | NEUTRAL | The RSI value for BZFD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BZFD has a positive trend. |
| Stochastics (14,3) | 72.22 | NEUTRAL | The Stochastics value for BZFD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.22 | MEDIUM VOLATILITY | The ATR as a percentage value for BZFD suggests some volalility. |
| Average Directional Index/ADX (14) | 30.79 | 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)
2.28
+0.05 (+2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg2.24%
1 Week2.24%
2 Weeks11.76%
1 Month9.09%
3 Month31.79%
6 Month-21.92%
12 Month-16.48%
2 Year-14.95%
3 Year-69.68%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%4.22%
ATR Inc25.63%
Range Today0.13
ADR(20)0.1
ADR(20)%4.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52
Mansfield-1.62
10 Day High2.34
10 Day Low1.98
20 Day High2.34
20 Day Low1.95
52 Week High5.68
52 Week Low1.61
CS1 End2.14
CR1 Start2.29
Volume & EV
DER(3)-16.65%
DER(5)-13.56%
Volume294.20K
Volume Incr25.01%
Vol(5)220.26K
Vol(50)275.73K