By Mill Chart
Last update: May 31, 2024
Exploring Growth Potential: KANZHUN LTD - ADR (NASDAQ:BZ) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and KANZHUN LTD - ADR has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected KANZHUN LTD - ADR on our screen for growth with base formation, suggesting it merits a closer look.
Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NASDAQ:BZ boasts a 8 out of 10:
ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NASDAQ:BZ, the assigned 7 for health provides valuable insights:
ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NASDAQ:BZ, the assigned 5 is noteworthy for profitability:
Besides the Technical Rating, ChartMill assigns a Setup Rating to every stock to determine the degree of consolidation. This rating, ranging from 0 to 10, is updated daily and evaluates various short-term technical indicators. NASDAQ:BZ currently holds a 8 as its setup rating, suggesting a particular level of consolidation in the stock.
BZ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 20.43, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BZ in the last couple of days, which is a good sign.
More Strong Growth stocks can be found in our Strong Growth screener.
For an up to date full fundamental analysis you can check the fundamental report of BZ
Check the latest full technical report of BZ for a complete technical analysis.
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.