Cosan Ltd (CZZ)

20.29  +0.4 (+2.01%)

After market: 20.29 0 (0%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to CZZ. In the last year, CZZ was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

When comparing the yearly performance of all stocks, CZZ is a bad performer in the overall market: 73% of all stocks are doing better.
CZZ is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CZZ is leading the market.
In the last month CZZ has a been trading in the 17.17 - 21.25 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CZZ Weekly chart
CZZ Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, CZZ does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 20.74. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.89, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CZZ in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

10.86

21.08

We found 5 important support areas.

  • A support zone ranging from 18.43 to 18.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 17.33 to 17.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @16.99 from a horizontal line in the daily time frame.
  • Support @15.99 from a trend line in the weekly time frame.
  • Support @10.97 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 20.74 to 20.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.35
Mansfield0.89
10 Day High20.67
10 Day Low17.17
20 Day High21.25
20 Day Low17.17
52 Week High21.25
52 Week Low8.56
Performance
1 Week10.09%
2 Weeks-1.7%
1 Month11.79%
3 Month3.31%
6 Month15.68%
12 Month20.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)57.31
LBB17.97
UBB21.19
CZZ Daily chart

Cosan Ltd

NYSE:CZZ (3/5/2021, 7:19:01 PM)

After market: 20.29 0 (0%)

20.29

+0.4 (+2.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.01%
1 Week10.09%
2 Weeks-1.7%
1 Month11.79%
3 Month3.31%
6 Month15.68%
12 Month20.42%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.04
ATR(20)%4.92%
ATR Inc
Range Today0.88
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High20.67
10 Day Low17.17
20 Day High21.25
20 Day Low17.17
52 Week High21.25
52 Week Low8.56
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.44M
Volume Incr159.91%
Vol(5)1.97M
Vol(50)830.59K