CAZOO GROUP LTD (CZOO) Technical Analysis
NYSE:CZOO • KYG2007L1216
Current stock price
CZOO Technical Rating and Analysis
Taking everything into account, CZOO scores 2 out of 10 in our technical rating. CZOO'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 89% of all other stocks performed better in the past year than CZOO.
- CZOO is one of the lesser performing stocks in the Specialty Retail industry. 75% of 123 stocks in the same industry do better.
- CZOO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CZOO is lagging the market.
- In the last month CZOO has a been trading in the 3.50 - 13.22 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- CZOO has an average volume of 2467880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
CZOO Weekly and Daily overview Charts
CZOO Setup Rating and Analysis
The technical rating of CZOO is bad and it also does not present a 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
CZOO Support and Resistance Analysis
5.82
We found 1 important support area.
- A support zone ranging from 5.88 to 5.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @6.46 from a trend line in the daily time frame.
- Resistance @7.38 from a trend line in the daily time frame.
CZOO Technical Indicator Signal Analysis
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 CZOO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CZOO is down. |
| ChartMill Relative Strength | 11.01 | NEGATIVE | CZOO has a low relative strength, it was outperformed by 88.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CZOO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CZOO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CZOO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.76 | NEUTRAL | The RSI value for CZOO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests CZOO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.26 | NEUTRAL | The Stochastics value for CZOO is a neutral value. |
| Average True Range in percent/ATR (20) | 35.81 | HIGH VOLATILITY | The high ATR as a percentage value for CZOO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.7 | NEGATIVE | The low ADX value for CZOO suggests a weak or negative trend. |
CZOO Chart- and CandleStick Pattern Analysis
CZOO Technicals: Chart, Performance Metrics, Trend & Indicators
6.04
+0.01 (+0.17%)
CAZOO GROUP LTD / CZOO TA FAQ
What is the technical rating for CZOO stock?
ChartMill assigns a technical rating of 2 / 10 to CZOO.
What is the current trend direction of CAZOO GROUP LTD (CZOO) stock?
The current trend direction for CAZOO GROUP LTD (CZOO) is Bearish.
Can you provide the RSI signal for CAZOO GROUP LTD?
CAZOO GROUP LTD (CZOO) has an RSI value of 42.7626. This indicates that the stock is currently neutral.
What is the short term momentum for CZOO stock?
The short term momentum for CAZOO GROUP LTD (CZOO) is negative.
What are the support and resistance levels for CAZOO GROUP LTD (CZOO) stock?
CAZOO GROUP LTD (CZOO) has a support level at 5.88 and a resistance level at 6.46. Check the full technical report for our detailed analysis of CZOO support and resistance levels.