BEAZER HOMES USA INC (BZH) Stock Technical Analysis
NYSE:BZH • US07556Q8814
Overall BZH gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BZH is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- BZH is one of the better performing stocks in the Household Durables industry, it outperforms 72% of 60 stocks in the same industry.
- BZH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BZH is lagging the market slightly.
- When comparing the yearly performance of all stocks, we notice that BZH is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- In the last month BZH has a been trading in the 20.30 - 28.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although BZH has an excellent technical rating, it does not offer a high 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
19.62
We found 4 important support areas.
- A support zone ranging from 25.57 to 25.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.85 from a trend line in the daily time frame.
- Support @20.68 from a trend line in the weekly time frame.
- Support @19.82 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 27.71 to 27.73. 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 | 71.06 | POSITIVE | BZH has a high relative strength, it outperformed 71.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BZH is below 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) | 52.12 | NEUTRAL | The RSI value for BZH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests BZH has a negative trend. |
| Stochastics (14,3) | 34.12 | NEUTRAL | The Stochastics value for BZH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.76 | MEDIUM VOLATILITY | The ATR as a percentage value for BZH suggests some volalility. |
| Average Directional Index/ADX (14) | 22.22 | NEUTRAL | The ADX value for BZH suggests a possible start of a new trend. |
25.58
-0.26 (-1.01%)
BEAZER HOMES USA INC / BZH FAQ
Can you provide the ChartMill technical rating for BEAZER HOMES USA INC?
ChartMill assigns a technical rating of 8 / 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 52.12. 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.