BEAZER HOMES USA INC (BZH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BZH - US07556Q8814 - Common Stock
Overall BZH gets a technical rating of 7 out of 10. BZH has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The long and short term trends are both positive. This is looking good!
- BZH is part of the Household Durables industry. There are 60 other stocks in this industry. BZH outperforms 74% of them.
- BZH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When compared to the yearly performance of all other stocks, BZH outperforms 52% of them, which is more or less in line with the market.
- BZH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BZH is lagging the market.
BZH has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 23.78. Right above this resistance zone may be a good entry point.
More info and screens
19.62
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.25 to 20.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.82 to 19.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 23.78 to 24.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @25.02 from a horizontal line in the daily time frame.
- A resistance zone ranging from 26.26 to 26.32. 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 | UP | POSITIVE | The long term trend for BZH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BZH is up. |
| ChartMill Relative Strength | 52.57 | NEUTRAL | BZH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BZH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BZH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BZH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.1 | NEUTRAL | The RSI value for BZH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests BZH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.58 | NEUTRAL | The Stochastics value for BZH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for BZH suggests some volalility. |
| Average Directional Index/ADX (14) | 27.28 | POSITIVE | The high ADX value value for BZH suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.26 | 22.72 | 1.54 (6.35%) | 15.75% |
| An entry @24.26. This is a Buy Stop order right above the resistance zone. | An exit @22.72. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.54 points, which is 6.35%. | When investing 15.75% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
23.3
-0.27 (-1.15%)
BEAZER HOMES USA INC / BZH FAQ
Can you provide the ChartMill technical rating for BEAZER HOMES USA INC?
ChartMill assigns a technical rating of 7 / 10 to BZH.
What is the current trend direction of BEAZER HOMES USA INC (BZH) stock?
The current trend direction for BEAZER HOMES USA INC (BZH) is Bullish.
Can you provide the RSI signal for BEAZER HOMES USA INC?
BEAZER HOMES USA INC (BZH) has an RSI value of 56.0961. This indicates that the stock is currently neutral.
What is the short term momentum for BZH stock?
The short term momentum for BEAZER HOMES USA INC (BZH) is positive.
What is the buy/sell signal for BEAZER HOMES USA INC (BZH) stock?
The buy/sell signal for BEAZER HOMES USA INC (BZH) is buy as both the short term and long term trends are positive.