BUZZFEED INC (BZFD) Stock Technical Analysis
USA - NASDAQ:BZFD - US12430A3005 - Common Stock
We assign a technical rating of 0 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.
The technical rating of BZFD is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.05
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.62 to 1.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.74 to 1.75. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for BZFD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BZFD is down. |
| ChartMill Relative Strength | 2.9 | NEGATIVE | BZFD has a low relative strength, it was outperformed by 97.1% off all stocks 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) | 19.6 | OVERSOLD | The low RSI value suggests BZFD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BZFD has a negative trend. |
| Stochastics (14,3) | 31.6 | NEUTRAL | The Stochastics value for BZFD is a neutral value. |
| Average True Range in percent/ATR (20) | 10.45 | HIGH VOLATILITY | The high ATR as a percentage value for BZFD suggests high volalility. |
| Average Directional Index/ADX (14) | 22.48 | NEUTRAL | The ADX value for BZFD suggests a possible start of a new trend. |
1.06
-0.57 (-34.97%)
BUZZFEED INC / BZFD FAQ
What is the ChartMill technical rating of BUZZFEED INC (BZFD) stock?
ChartMill assigns a technical rating of 0 / 10 to BZFD.
Can you provide the trend direction for BUZZFEED INC?
The current trend direction for BUZZFEED INC (BZFD) is Bearish.
What is the RSI signal for BUZZFEED INC (BZFD) stock?
BUZZFEED INC (BZFD) has an RSI value of 19.5998. This indicates that the stock is currently oversold.
What is the short term momentum for BUZZFEED INC (BZFD) stock?
The short term momentum for BUZZFEED INC (BZFD) is negative.
What is the buy/sell signal for BZFD stock?
The buy/sell signal for BUZZFEED INC (BZFD) is sell as both the short term and long term trends are negative.